Technology

1163 readers

42 users here now

A tech news sub for communists

founded 3 years ago

MODERATORS

US government doles out paltry $35 million of the $52 billion CHIPS Act, warns of possible delays in Intel and TSMC fab buildouts (www.tomshardware.com)

submitted 2 years ago by yogthos@lemmygrad.ml to c/technology@lemmygrad.ml

3 comments fedilink hide all child comments

top 3 comments

sorted by: hot top controversial new old

[–] Sinonatrix@hexbear.net 12 points 2 years ago (1 children)

At least half of this money is going straight to stock buybacks

[–] frauddogg@lemmygrad.ml 10 points 2 years ago

And thus will China eat Amerika's lunch for the rest of the generation

[–] ksynwa@lemmygrad.ml 12 points 2 years ago

Raimondo is concerned that these environmental permitting processes take a long time, which she fears could halt construction for years. This issue gained prominence after her request to exempt federally-funded chip projects from such reviews was rejected by House Republicans. As a result, major projects by companies including Intel, Micron, TSMC, and Samsung that cost tens of billions of dollars are at risk of being slowed down by these reviews.

Thank you comrade republicans