Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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CHIPS was always going to be a giveaway for nothing. It reminds me of that FoxConn CEO's quote about the fact that the US could pay them to fab in America but nothing would actually come of it. Then they just dropped that $10B Wisconsin project as soon as possible.
That was under Trump. Biden literally saw this and doubled down thinking that TSMC would roll over.
The shill ops around chips act taxpayer charity was strong...
National Security, jobs, you don't understand peasant this is 69d chess move
And it actually worked normies LARPed it but Intel is a failing company and TSMC appearing to not willing to off-share their ace in geopolitical chess lol
Endless State aid and nothing to show for it.
We should bail out boeing y'all because it isn't national pride