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Intel to Receive $8.5B in Grants to Build Chip Plants

nytimes.com

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Re: Intel to Receive $8.5B in Grants to Build Chip Plants

#541

Post by brvsft »

canadianfella wrote: post #464
eddiewithzato wrote: post #450

Earlier quoted context omitted.

That’s the power of slave labour. Global economy is really modern day slavery. When you are making trillions in USD in the USA, paying someone in china $2 a day would’ve been an Egyptian pharaohs dream.

Calling it slave labour is an insult to the people who had to live with actual slavery.

The people who flagged this comment must believe that someone working at McDonald's for low wages is the same as someone being held as property, their family members terrorized, raped, beaten, whipped, murdered, etc. at the whim of their legal owners.

Re: Intel to Receive $8.5B in Grants to Build Chip Plants

#542

Post by brvsft »

anonuser123456 wrote: post #462
gen220 wrote: post #347

Earlier quoted context omitted.

It wasn't just intel, it was every semi-conductor manufacturer in the valley (hence the inability to find other work). They closed because it was cheaper to build in other countries, or to outsource from contractors who build in other countries (where organized labor doesn't exist). The U.S. lost thousands of high-paying (and tax-paying) labor positions and atrophied the skills that went with them. Intel profited fro…

>They closed because it was cheaper to build in other countries, or to outsource from contractors who build in other countries (where organized labor doesn't exist). The U.S. lost thousands of high-paying (and tax-paying) labor positions and atrophied the skills that went with them. Intel profited from it. How about asking the workers in other countries who benefitted from this transaction if they were happy with the…

There's a certain irony in the point being made by that person because they think it means organized labor is good, and lack of it is cheap and bad.

Those workers could get the job done just the same without the overhead of labor unions, and this person still thinks that the 'cheapness' means that organized labor is magically better.

You won't get an earnest answer though. Perhaps some nonsense about how these workers would be even better off with organized labor (until their jobs move to the next, cheaper bidder, of course).

Re: Intel to Receive $8.5B in Grants to Build Chip Plants

#543

Post by mcbuilder »

ethbr1 wrote: post #527
_heimdall wrote: post #518

Earlier quoted context omitted.

> Now, the taxpayer has to pay Intel $8.5B to bring back manufacturing capacity to the U.S The tax payer had nothing to do with it. This is yet another example of the government taking our money (or borrowing our future money) and spending it in ways that we never agreed to and had no input on.

> in ways that we never agreed to and had no input on. You don't vote in local, congressional, and presidential elections?

If this is Biden's initiative, then the alternative is Trump? I'm sure there could be a technocratic rational non-idealogical third party that would get a bunch of HN voters but does any viable third party actually exist?

Fixing our education system is a lot bigger problem then we've ever been able to tackle as a country by popular initiatives.

Re: Intel to Receive $8.5B in Grants to Build Chip Plants

#544

Post by neogodless »

Leary wrote: post #126
neogodless wrote: post #120

Earlier quoted context omitted.

https://siliconangle.com/2023/09/29/intel-begins-mass-produc... I believe "Intel 4" is their current most advanced mass-produced process.

Thanks for the response. The article only mentions Ireland though, has Intel done the same in the US?

https://www.techpowerup.com/319704/intel-10a-1-nm-class-node...

They have some level of production as advanced as what they call Intel 20A. But it's a very small percent - can it be considered mass production?

Re: Intel to Receive $8.5B in Grants to Build Chip Plants

#546

Post by synergy20 »

We spent trillions on the war not so long ago, who knows how many billions just spent in Europe, and hundreds of billions on various programs that do not really produce anything, so when I saw numbers like $8.5B from the government these days it's like nothing to me, why is this even a headline? I just can not make sense of it myself anymore.

Re: Intel to Receive $8.5B in Grants to Build Chip Plants

#547

Post by s1artibartfast »

JonChesterfield wrote: post #492
s1artibartfast wrote: post #369

Earlier quoted context omitted.

I don't think the goal is even to compete, even though maybe it's being sold that way. The goal is to have a domestically controlled source of relatively high tech chips. It doesn't matter if they're subpar

Global foundries seems like a better bet than intel for that objective.

Global foundries doesn't have enough money. Intel is investing 75b in the deal. Founries is only worth 25B as a company.

Re: Intel to Receive $8.5B in Grants to Build Chip Plants

#548

Post by manishsharan »

Urahandystar wrote: post #485
eddiewithzato wrote: post #450

Earlier quoted context omitted.

That’s the power of slave labour. Global economy is really modern day slavery. When you are making trillions in USD in the USA, paying someone in china $2 a day would’ve been an Egyptian pharaohs dream.

Yup nowadays we import the product not the slaves.

>>Yup nowadays we import the product not the slaves.

I think you may be undermining what slavery was .

I have met folks who work in workshops in India that export stuff to USA and other developed nations. Those workers make a whole lot more money than their neighbors who produce for the domestic market and they have better working conditions. Their overall quality of life, while nowhere close to G8 standards, is so much better. And their community benefits from their increased wages.

Re: Intel to Receive $8.5B in Grants to Build Chip Plants

#549

Post by whimsicalism »

_heimdall wrote: post #524
whimsicalism wrote: post #432

Earlier quoted context omitted.

Good reasons that will raise costs for everyone and lead to measurable impacts on the pace of quality of life improvements. A world that moves towards near-shoring out of security concerns is a world that is long-term poorer. That's real medical innovations, improvements in tech, education, climate that will be delayed because of our new cold war. We are already seeing climate impact in the EV car market where we are…

> Good reasons that will raise costs for everyone and lead to measurable impacts on the pace of quality of life improvements Do we really need to be stuck on a treadmill of always having to make our lives better? People don't know the word "enough," that's a real problem. There's obvious issues with how current quality of life is distributed, but I'd propose that we don't need to increase QoL with new inventions simp…

Say that to people with cystic fibrosis or muscular dystrophy who are getting real, lifesaving treatments now that were simply not available a few years ago.

Never mind that the world is not constant - we need innovation on the climate front if we want to stay in a stable environment that doesn’t require more sophisticated adaptation.

Making those worst off better without making everyone else poorer would be much faster with globalized trade.

I am sorry you have become so skeptical of progress, but I and others will continue working so that a rising tide lifts everyone, including you.

Re: Intel to Receive $8.5B in Grants to Build Chip Plants

#550

Post by whimsicalism »

Abroszka wrote: post #490
4gotunameagain wrote: post #470

Earlier quoted context omitted.

[flagged]

> US led NATO expansion lead to the war in Ukraine, and Europeans are paying the price. As an Eastern European, I cannot thank the US enough for pushing NATO. It makes me feel safe. I'm just sad that they could not get Ukraine into NATO before all this madness started.

NATO doesn’t take countries with active border conflicts and for good reason. I am glad that NATO did not take Ukraine then, even if I am open to it once this conflict resolves.
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