this post was submitted on 02 Dec 2024
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Intel is just a portion of the CHIPS Act funding and they're the largest fab in the US. Why wouldn't they be included in it when the whole point is to generate more domestic manufacturing rather than "trying to pick winners and losers?" Even TSMC got some of the money, and they're already dominating the market, which arguably makes even less sense to award them taxpayer dollars.
Intel is topic of discussion here... none of them should be getting this money unless it is a market rate financing or equity position.
I don't understand how we got to a position where people are shilling corpo's interest.
Do you ever shill maternity leave this hard?
How is giving corpos money capitalist or free market? We can't provide adequate social policy for taxpayers because "no money" but when corpo needs a bail outs, cash just gets transferred, tax credits or incentives are provided. NO PROBLEM.
Are you employed by Intel or own stock?