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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

#91

Post by RandomWorker »

icyfox wrote: post #79

Right now one of the biggest blockers in on-shoring semiconductor fab at any kind of reasonable price-point and timescale is the lack of a skilled workforce. This legislation has dual objectives: train new people to get into sophisticated manufacturing AND to build out the actual infrastructure itself. That almost guarantees it won't be the most efficient way to actually get these chips on American soil. Whether we l…

The issue is there are few opportunities for junior people to start their careers. There is no shortage of talent but where do we start? I’ve been applying for jobs in the semi conductor industry but haven’t had any luck because ever Is looking for senior staff but nothing for newcomers.

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

#92

Post by autoexecbat »

resource_waste wrote: post #81
icyfox wrote: post #79

Right now one of the biggest blockers in on-shoring semiconductor fab at any kind of reasonable price-point and timescale is the lack of a skilled workforce. This legislation has dual objectives: train new people to get into sophisticated manufacturing AND to build out the actual infrastructure itself. That almost guarantees it won't be the most efficient way to actually get these chips on American soil. Whether we l…

Or we are going to be training Junior engineers with outdated skill sets and build outdated infrastructure. Sometimes top down planning works, but I think I would personally need to trust the leadership and the incentives. Unfortunately incentives on these are typically to do bare-minimum so you can meet the criteria to get subsidies. Sure the chips will be usable, but you spent a multiplier of the cost it takes to g…

It really doesn't matter if it's a bit out-dated, you cant create senior engineers without them being junior. All seniors trained on currently 'old' methods by definition of time passing

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

#93

Post by uptownfunk »

bhhaskin wrote: post #82
34679 wrote: post #68

I feel sorry for any startups looking to innovate in this space. It's hard enough competing against established players without them getting billions in free money. Intel has had the resources to build out fabs in the US for decades. Instead, they've chosen to build elsewhere, and now they're rewarded for it? They recently announced their $20b facility in Ohio is being "put on hold": https://www.tweaktown.com/news/96…

This isn't really a startup kinda business. It costs something like $10b to build a new fab.

Isn’t that what they said about rockets?

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

#94

Post by nyokodo »

icyfox wrote: post #79

Right now one of the biggest blockers in on-shoring semiconductor fab at any kind of reasonable price-point and timescale is the lack of a skilled workforce. This legislation has dual objectives: train new people to get into sophisticated manufacturing AND to build out the actual infrastructure itself. That almost guarantees it won't be the most efficient way to actually get these chips on American soil. Whether we l…

> Whether we look back in 20 years and think "wow glad we took that hit upfront" is anyone's guess

Globalization is breaking down quickly. Chips are crucial to national security and our economy. The supply chain for advanced chips is heavily dependent on East Asia which is a geopolitical powder keg and a demographic time bomb. The only thing more expensive than whatever we end up with is chips unavailable at any price because East Asia devolves into a war stricken basket case. We needed to have been starting this panic training/building 10 years ago but better late than never!

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

#95

Post by tines »

resource_waste wrote: post #87
snapcaster wrote: post #75

I understand why Intel is getting these, but would be nice to see this money go to companies that are still innovating and are somewhere in the US coalition/orbit (TSMC, Samsung, etc.)

Samsung? I wonder if this is coming from a position of ignorance... Samsung is among the companies of the world that might be producing negative externalities that weigh more than their positive contributions

I am totally ignorant, can you explain more about Samsung's negative externalities?

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

#96

Post by jimbob45 »

IncreasePosts wrote: post #90
redleggedfrog wrote: post #88

Earlier quoted context omitted.

Just wait for the "Coke, Steak, and Strippers" addendum. The C-levels need that for when they go party with Boeing. Intel made ~55 billion last year. Maybe they don't really need corporate welfare.

It's more of an inducement to get the company to do what they might not do on their own. Intel doesn't need the CHIPS act, America does, and America is paying Intel to make it happen.

This just sounds like how we got into our current mess with Boeing.

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

#98

Post by [deleted] »

34679 wrote: post #68

I feel sorry for any startups looking to innovate in this space. It's hard enough competing against established players without them getting billions in free money. Intel has had the resources to build out fabs in the US for decades. Instead, they've chosen to build elsewhere, and now they're rewarded for it? They recently announced their $20b facility in Ohio is being "put on hold": https://www.tweaktown.com/news/96…

[deleted]

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

#99

Post by happytiger »

icyfox wrote: post #79

Right now one of the biggest blockers in on-shoring semiconductor fab at any kind of reasonable price-point and timescale is the lack of a skilled workforce. This legislation has dual objectives: train new people to get into sophisticated manufacturing AND to build out the actual infrastructure itself. That almost guarantees it won't be the most efficient way to actually get these chips on American soil. Whether we l…

This is a re-shoring of strategic capabilities not a labor move. The labor will most likely be imported as it doesn’t really exist in the US at the scale needed with an eventual eye towards more domestic labor. Expect large numbers of imported skilled labor in the short term.

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

#100

Post by minhazm »

snapcaster wrote: post #75

I understand why Intel is getting these, but would be nice to see this money go to companies that are still innovating and are somewhere in the US coalition/orbit (TSMC, Samsung, etc.)

Samsung is expected to get $6 billion.

https://www.bloomberg.com/news/articles/2024-03-15/samsung-p...

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