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US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

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Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#321

Post by trenchpilgrim »

delfinom wrote: post #286
charlieyu1 wrote: post #200

Earlier quoted context omitted.

TSMC tried to build fabs in US, it doesn’t work, turns out you can’t hire top PhDs and pay them 30k and tell them it’s a lot of money

You got some wildly incomplete facts. https://fortune.com/2023/06/03/tsmc-arizona-plant-jobs-salar... >New engineering grads with a master’s degree earn on average $65,700 a year, while general full-time staff earn $32,800—compared to Taiwan’s average annual income of $21,700. $32.8k for full time salaries in Taiwan, which is more than the average. And this is _general_ staff. Not engineering staff my dude. >Another…

My friends working in fabrication - experienced, competent engineers with years of work history in Intel and Micron factories - got laughably insultingly low offers from TSMC. Like, 50k, no PTO, weak or no benefits. They literally laughed the offers away and got cushy software jobs with minimal retraining.

This was a few years back, maybe TSMC realized you can't pay Taiwan rates in the US.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#322

Post by athriren »

seanmcdirmid wrote: post #147
sleepyguy wrote: post #49

Earlier quoted context omitted.

Bernie died in prison because he didn't want to give them access to Worldcom so the story goes.

Bernie was released a month before dying. Don't ask me how I had this fact in the back of my head (I looked at Worldcom and Enron a few weeks ago for another HN story).

madoff died in custody at FMC Butner. he was not released before he died.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#323

Post by dfxm12 »

nosignono wrote: post #207
tw04 wrote: post #204

Earlier quoted context omitted.

>so the logical conclusion is that American consumers will end up paying the tariffs. That’s been the point all along… they are significantly raising taxes on the bottom 90% of Americans and most are too stupid to even understand it. Gotta pay for those tax cuts for the wealthy somehow.

It has nothing to do with stupidity. Stop painting people as idiots because they exist in one of the most information hostile environments in human history. This isn't some natural state that's unrecoverable. The people you describe have been given a highly addictive media environment tailor made to engender outrage and drive behavior. It shouldn't be a shock when most people cannot resist it. The first step to chang…

Why do you think this was the first step? That these folks have not been engaged with: information, compassion, alternative news sources, pleas to think twice about what they read on Facebook? Why do you think these folks haven't listened to Trump himself over the past 10+ years, or lived through previous elections cycles, including Trump's previous term? There's no way you can claim the wool was pulled over people's eyes this time around.

Also, acting self righteous while demanding decorum is rich considering how this admin promised to and followed through on completely dehumanizing huge swathes of people as its base cheers on. Please, display one ounce of good faith.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#325

Post by Havoc »

tester756 wrote: post #314
Havoc wrote: post #273

Earlier quoted context omitted.

Mindfactory is widely used as proxy because its pretty much the only public data source on this that publishes monthly If you have a better source I'm all ears

If we know that source is not representative, then why bother with drawing conclusions as extreme?

>If we know that source is not representative

Pray tell on what basis have you concluded this sales data is not representative?

If you have better data that drives your apparent certainty that the mindfactory data isn't representative - feel free to share

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#326

Post by hedora »

prng2021 wrote: post #303
cherryteastain wrote: post #32

Tariffs kinda make sense when you have a deficit in a widely available item. Big trade deficit with Bangladesh? Sure you can buy cheap textiles from Thailand or Vietnam or something. Unfortunately this approach does not work when you lack a viable domestic alternative and you're up against a monopoly. What will the US do if TSMC does not blink? Not buy TSMC made chips? Obviously that is impossible, so the logical con…

“ What will the US do if TSMC does not blink? Not buy TSMC made chips?” I think their assumption is that TSMC will certainty give in to any demands. Taiwan needs US support to defend against a much worse (and unfortunately just next door) adversary.. China.

That’s probably true, though I’d pay a 50% tariff just to get working drivers vs. whatever Intel was shipping 5-10 years ago.

AMD and Apple offer that; Intel still(?) does not.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#327

Post by wat10000 »

dylan604 wrote: post #297
arbitrary_name wrote: post #291

Earlier quoted context omitted.

While i take your point about playing nice, it has a lot to do with stupidity: specifically ignorance, intellectual laziness, lack of curiosity, bias, anti intellectualism, inability to think abstractly, lack of education, lack of critical thinking, ideology, and a host of other things. Almost all of which correlate in some way to 'stupidity'. I posit that your first line is wildly wrong, but your message is broadly…

Just because someone has a different point of view than yours does not make them stupid. I know plenty of people that have different views of mine that are much smarter than I am, and engaging with them leads to interesting conversations. I can still think they are "wrong" at the end of these conversations, but I'd never call them stupid. Hell, the lottery is often described as a tax on poor people. Yet the vast majo…

It’s not “a different point of view” to think that tariffs get paid by the other country. It’s not “a different point of view” to loathe Obamacare and like the ACA. It’s just ignorance. When the information is easily available, it’s willful ignorance. When they won’t obtain the information and they still hold strong opinions and vote accordingly, it’s at best stupidity.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#328

Post by slg »

dylan604 wrote: post #306
slg wrote: post #251

Earlier quoted context omitted.

The full AI summary from DuckDuckGo for "How do tariffs work?" >Tariffs are taxes imposed by a government on imported goods, making them more expensive to encourage consumers to buy domestic products instead. The costs of these tariffs are typically passed on to consumers, resulting in higher prices for imported items. I don't see any "college level vocabulary words" and it directly says that it makes goods more expe…

domestic looks pretty challenging. /s Edit for the sarcastically challenged among us.

I can't tell if this is a sarcastic comment. Not only is "domestic" a relatively simple word with a straightforward definition, but also the point of the original comment that "consumers will end up paying the tariffs" is still clear from the summary regardless.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#329

Post by hedora »

duxup wrote: post #248
cnst wrote: post #223

Earlier quoted context omitted.

I'm actually surprised that some prices are even lower now than they've previously been. I don't think most people actually have a solid understanding of what is and is not affected by which tariffs. If I understand correctly, most of the tech stuff is effectively exempt; and Canada/Mexico tariffs don't apply to most items that are covered under "the rules of origin" certifications under USMCA (the successor to NAFTA…

I don't think companies know what is affected and when... except when the invoice comes. The tariffs have been a moving target, some announced and never occurred.

Most kicked in on Aug 1st. It takes a few weeks for the international supply chain to turn over.

Re: US reportedly forcing TSMC to buy 49% stake in Intel to secure tariff relief

#330

Post by wat10000 »

dylan604 wrote: post #311
arbitrary_name wrote: post #299

Earlier quoted context omitted.

Google, what's a "college level vocabulary word"? For crying out loud, information is so accessible. The inability to find and discern at least some level of truth (or at least gather multiple contrasting perspectives) is laziness, AND stupidity. I'm all for better schools, a better information ecosystem, and more tolerance, but why are we bending over backwards to tell malignantly underinformed people it's not their…

AND stupidity is you being intentionally ignorant. People have much better things to do than look up words, look for dissenting opinions one something the face on their TV tells them. There's taking the kids to _______ practice. There's TV shows to keep up with. There's an infinite feed of content to scroll through. There's plenty of other things that they would prefer to do themselves than whatever it is you would p…

If you’re too busy to find out what tariffs are, fine. I get it. But then don’t have an opinion on the matter. Don’t vote for an absolute shithead because you think these things, which you’re too busy to find out about, will be great for the country.
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