Earlier quoted context omitted.
New CEO started in March, I vaguely recall him cancelling fabs. https://en.wikipedia.org/wiki/Lip-Bu_Tan
So are they going to give back the money they got from the feds to build them?
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America’s semiconductor boom [video]
41–50 of 142 posts
Re: America’s semiconductor boom [video]
#42Earlier quoted context omitted.
Have you seen how much of a premium Americans are already paying for chips in the face of constrained supply? Gamers are still buying them and so is everyone else Given that this is the same curiosity and question since pre-pandemic and now we have many examples of a premium, I think its not a real worry as long as the chips perform
I keep seeing this in every industry. "We can't give up America because they buy so much" "China needs the American market because they can't make up the numbers for the rest of the world combined in the short term" Can people here help answer where the heck does everyone have the money to buy all this stuff? Especially post COVID with all the layoffs? The US is only 5% of the world population. Europe isn't that poor…
Its pretty impressive and brings you into macroeconomics and monetary policy
Its a long answer but there are many winners in every financial environment in America, while the short answer is that nobody knows how they have money en masse to buy stuff
and the whole system is based on incentivizing them to move that money around the economy, as opposed to collect and save it in a bank account
Re: America’s semiconductor boom [video]
#43Re: America’s semiconductor boom [video]
#44Earlier quoted context omitted.
New CEO started in March, I vaguely recall him cancelling fabs. https://en.wikipedia.org/wiki/Lip-Bu_Tan
So are they going to give back the money they got from the feds to build them?
Intel didn't cancel any fabs in Arizona, one just came online. They killed plans Fabs in Poland and Germany, and the Ohio fab is on hold. You don't get the money up front, so nothing to give back.
Re: America’s semiconductor boom [video]
#45This is just anecdote, but my roommate's dad works in construction management specifically for semiconductor fabs, and he was working for about a year on one of Intel's new fabs in Arizona up until a few months ago when the entire project was suddenly scrapped. IIRC he got the sense it was someone high up in intel that decided to pull the plug on it.
I left the semiconductor industry 30 years ago but back then every company had "a fab that hasn't been completed in Arizona" that people would talk fondly of perhaps opening one day if business picks up. Seems like not much has changed.
Re: America’s semiconductor boom [video]
#46Earlier quoted context omitted.
Have you seen how much of a premium Americans are already paying for chips in the face of constrained supply? Gamers are still buying them and so is everyone else Given that this is the same curiosity and question since pre-pandemic and now we have many examples of a premium, I think its not a real worry as long as the chips perform
I keep seeing this in every industry. "We can't give up America because they buy so much" "China needs the American market because they can't make up the numbers for the rest of the world combined in the short term" Can people here help answer where the heck does everyone have the money to buy all this stuff? Especially post COVID with all the layoffs? The US is only 5% of the world population. Europe isn't that poor…
Yes there have been post-Covid layoffs, but unemployment is 4.3%, roughly at the "full employment" level, and only up 1 point from the post-Covid low.
Re: America’s semiconductor boom [video]
#47Earlier quoted context omitted.
I don’t think the mix of engineers we’ve been producing is right for this. We need a whole generation of folks at a higher hardware:software ratio. Check back in a decade to see if we’ve seriously started.
Does America need to produce the talent or can they import it?
I worked at a US college that had a big semiconductor engineering and manufacturing engineering program. They were about 20-30% international, but the program wasn’t huge.
Frankly, it’s shitty work. Software is where it’s at. Hardware people get paid peanuts and work really hard. When you’re a master of a particular technology, you get discarded when the next thing comes along. Ask the people at Intel or IBM. The best jobs are the execs and the tradesmen.
Re: America’s semiconductor boom [video]
#48This is just anecdote, but my roommate's dad works in construction management specifically for semiconductor fabs, and he was working for about a year on one of Intel's new fabs in Arizona up until a few months ago when the entire project was suddenly scrapped. IIRC he got the sense it was someone high up in intel that decided to pull the plug on it.
Re: America’s semiconductor boom [video]
#49If you haven't already, I encourage you to subscribe this guys channel - Asianometry. How he finds the time to reserach in such detail such a wide range of tek-related subjects is beyond me.
Re: America’s semiconductor boom [video]
#50If you haven't already, I encourage you to subscribe this guys channel - Asianometry. How he finds the time to reserach in such detail such a wide range of tek-related subjects is beyond me.
He probably has a team who helps him. He makes bank so not unrealistic