lets rebuild america by killing the program to rebuild our chip producing capability. that will show dem libs MAGA attempting to fire everyone that administers the program since they can't simply take the money for themselves. Nobody to writhe the checks, money doesn't get spent wth is congress and the courts? this type of bs is why the other funds were legally moved to citi and other NGO's or administrators to distribute of course if you know the plan, you short these companies before this comes out but MAGA wouldn't ever do anything like that Trump Is Trying to Kill the CHIPS Act. That Could Tank These 2 AI Stocks. The semiconductor industry faces a new challenge as President Donald Trump’s administration plans to cut approximately 500 jobs at the National Institute of Standards and Technology (NIST), potentially jeopardizing the future of the CHIPS Act. Analyst Robert Maire said these cuts could effectively kill the initiative to bolster domestic semiconductor manufacturing, which included roughly $39 billion in subsidies. "If there are no employees left to administer the CHIPS Act program, it is dead by default, as there is no one left to certify that companies have met their requirements, let alone write the checks," Maire warned in a note to clients. According to a MarketWatch report, NIST could see significant staff reductions as early as this week. The cuts would primarily target those administering the semiconductor investment program established under President Joe Biden. The report further explains that major U.S. chipmakers Intel (INTC) and Micron Technology (MU), which have been awarded significant funding for new fabrication facilities, could face project uncertainty.
I am ok with this. Money should never have been awarded to TSMC, nor to Global Foundries. Especially TSMC who has employees who routinely steal designs and sell them to their masters on the mainland. Awarding them money was a HUGE joke. Also, the CHIPS Act was too narrow of scope written by people who know nothing about the entire supply chain required to take a pile of beach sand and turn it into a commercial microcontroller for your car.
News flash, the stealing of chips occurs at every semiconductor company. This would be short sighted, only so many companies have the ability to make the latest chips.
I tried a young guns quote a little bit back on the regulators thread and it went right over everybody.
TSMC could publish their entire IP catalog for current production methods without impact. The lead times (and cost) for a new silicone fab are so high that by the time someone could stand up a new fab using that information, they'll have already moved on to the next newer, better, smaller nm process. The whole point of CHIPS is to improve semiconductor market stability by incentivizing TSMC to build a fab that's not in a territory disputed by, and therefore under threat from, China. It gives the US access to a world-class chip fab that's not controlled by the whims of Jinping.
lol..usually bored on another useless teams call where I need to speak for about 3 - 5 minutes an hour or sitting on the dock being thankful while fearful for my kids
who knew MAGA would be against onshoring critical industries providing high tech jobs if these would have been in Texas, likely no problems. no mistake so many companies are moving to Texas now, especially ones like financial and power generation companies that want to shed regulation of any sort or companies with federal grants
News flash - no, we don't. There is a HUGE difference between adapting technologies to mimic performance improvements from competitors and flat out stealing. Chinese make more money stealing 1 piece of key IP and selling it to someone like the Tsinghua or BBK Electronics then they would make in a lifetime. The only thing that is short-sided is handing money to the most successful Taiwanese foundry or a foundry backed by the Saudi Investment Fund. Meanwhile, there was no investment in laminate manufacturing, SMD manufacturing or any other part of the supply chain (which is all in China), so in the end, it was a very limited value spend of money. Nothing that I have typed above is top secret. If you do not believe me, feel free to learn about the entire supply chain needed and where those factories are all located.
It worse than that. They make counterfeit chip from real company and sell into the supply chain. But it doesn't necessarily come from TSMC. They can just copy the GLS database from any companies and get their "own" chips made. This is how allot of theft is done. Very few companies can support a foundry business. To much capital investment to keep up, let alone produce chips that are a few generations old.
