President Biden has announced steps to begin to address the global semiconductor shortage.
Biden to Address Chip Shortages, Semiconductor Supply Chains : Read more
Biden to Address Chip Shortages, Semiconductor Supply Chains : Read more
I am both not American and also not a Biden fan (or a Trump fan, for that matter), so lets clear that up first.
Personally I think this is one of the better moves from Biden to make a discovery on why the Silicon Industry is suffering a bottle neck. I think a government protecting its constituents from ultra high pricing is a good thing, and one of the more valid reasons for having a government; to protect you.
However it will get nowhere! Why because these shortages are usually artificial, but not always, due to the industry knowing there is high demand of Electronics in a lockdown, and thus garner more profit per product.
The Rarety price fluctuations of the stock markets are one of the Principle problems with the western capitalism, and I am sorry, because Trump is more a part of that than Biden is, making Trump a hero of the right, but also a hero of Rarety based capitalism too, which is half of the problem in itself.
Rarety based capitalist structures of the USA and the EEC (EU), have controlled prices and allowed Cartels in Oil, Electronics and Chemicals to Florish, and using the stock markets, to pretend valid reasons for shortages and screw the consumer in the process (while paying its own CEOs massive salaries). Thanks too Ultra Capitalists like Trump, the Economy and GDP is not based on the health of Consumers and the constituents in a finacial way, but that of the stock market and the large corporations (along with House pricing bubbles),
In the mouth of Trump, " ITS ALL FAKE!" He is fake, Biden is fake, and though on the outwards they seem different, they are the same with screwing over people. Trump seems the lesser of the evils, as he believes in conservatism, but he has also thrown more power to the corporations... and it was Trump that signed the Vaccination Mandates that are basically allowing the Phama industry to SCREW YOU UP! HE DID IT! Biden hates that fact, not that he can't take credit for it; more because he can't get his nice Bribe or Special Returns that Trump will. It's all very 1984 with Trump as Big brothers Little brother.
But back to the point, All Biden will find out, is that the supply chain is a fake Bottle neck, he'll get a fat check to then slow the discovery down, and this problem will continue until the Silicon industry decides to end it, and He will take the Credit.
On the otherhand, the Ruthless Persuit of Moores law, and the Tik Tok cycle also demands Intel and AMD need to overcome the Quantum problems that come with the Shrinking of Transistor sizes . They have found solutions in the RARE EARTH MATERIALS that are abundant in Russia and China, so Biden will not be able to Coax Russia because the Mines are all private, so he cosied up with China (as we all know).
If China refuse to sell the Rare earth matrials over a quota (which they decided to do a few years back), Bidens discovery will be quick and fruitless unless he scratches their back (which will happen).
Politics is a dirty game; All the politicians and Business men are corrupt, and that includes both Trump and Biden.
A few years back a company in the US name Molycorp reopened a rare earth mine in CA and spent billions to meet environmental regulations to re-open it... then china dumped minerals on the market they couldn't compete and went bankrupt. That was one of the dumbest things the US ever did from a strategic supply perspective. The US has done nothing to help many industries which should be considered vital to national defense in the supplier side of the market and its been an absolutely stupid action. Another company did buy the mine after bankruptcy but last I saw they still had to send the minerals to china to be processed....dumb.Canada has one of the largest supplies of Rare Earths in the world. Now all we need to do is develop them.
Well, mining and processing Rare Earth minerals is a dangerous and VERY dirty process. Hence why it cost Molycorp billions of dollars to open it back up. I can't even imagine the amount of money the state of CA received in "permit" fees. Its also why China is the leader in mining and processing those minerals. Its because they don't care about worker safety or whether they wreck the local ecosystem. I mean for the love of God, this is the same country that hosts the Foxconn factory that instead of dealing with the high rates of suicide because they are working employees 14-16 hours a day- 7 days a week, they just put up a giant net around the plant perimeter instead. Also, no industry is truly independent in China. Every plant, business, mine, etc. has a cheery, happy-go-lucky Communist Party Commissar.... I mean "official" to "assist" with employee relations and "tax" collection.A few years back a company in the US name Molycorp reopened a rare earth mine in CA and spent billions to meet environmental regulations to re-open it... then china dumped minerals on the market they couldn't compete and went bankrupt. That was one of the dumbest things the US ever did from a strategic supply perspective. The US has done nothing to help many industries which should be considered vital to national defense in the supplier side of the market and its been an absolutely stupid action. Another company did buy the mine after bankruptcy but last I saw they still had to send the minerals to china to be processed....dumb.
I am both not American and also not a Biden fan (or a Trump fan, for that matter), so lets clear that up first.
Personally I think this is one of the better moves from Biden to make a discovery on why the Silicon Industry is suffering a bottle neck. I think a government protecting its constituents from ultra high pricing is a good thing, and one of the more valid reasons for having a government; to protect you.
However it will get nowhere! Why because these shortages are usually artificial, but not always, due to the industry knowing there is high demand of Electronics in a lockdown, and thus garner more profit per product.
The Rarety price fluctuations of the stock markets are one of the Principle problems with the western capitalism, and I am sorry, because Trump is more a part of that than Biden is, making Trump a hero of the right, but also a hero of Rarety based capitalism too, which is half of the problem in itself.
Rarety based capitalist structures of the USA and the EEC (EU), have controlled prices and allowed Cartels in Oil, Electronics and Chemicals to Florish, and using the stock markets, to pretend valid reasons for shortages and screw the consumer in the process (while paying its own CEOs massive salaries). Thanks too Ultra Capitalists like Trump, the Economy and GDP is not based on the health of Consumers and the constituents in a finacial way, but that of the stock market and the large corporations (along with House pricing bubbles),
In the mouth of Trump, " ITS ALL FAKE!" He is fake, Biden is fake, and though on the outwards they seem different, they are the same with screwing over people. Trump seems the lesser of the evils, as he believes in conservatism, but he has also thrown more power to the corporations... and it was Trump that signed the Vaccination Mandates that are basically allowing the Phama industry to SCREW YOU UP! HE DID IT! Biden hates that fact, not that he can't take credit for it; more because he can't get his nice Bribe or Special Returns that Trump will. It's all very 1984 with Trump as Big brothers Little brother.
But back to the point, All Biden will find out, is that the supply chain is a fake Bottle neck, he'll get a fat check to then slow the discovery down, and this problem will continue until the Silicon industry decides to end it, and He will take the Credit.
On the otherhand, the Ruthless Persuit of Moores law, and the Tik Tok cycle also demands Intel and AMD need to overcome the Quantum problems that come with the Shrinking of Transistor sizes . They have found solutions in the RARE EARTH MATERIALS that are abundant in Russia and China, so Biden will not be able to Coax Russia because the Mines are all private, so he cosied up with China (as we all know).
If China refuse to sell the Rare earth matrials over a quota (which they decided to do a few years back), Bidens discovery will be quick and fruitless unless he scratches their back (which will happen).
Politics is a dirty game; All the politicians and Business men are corrupt, and that includes both Trump and Biden.
LOL! Bill Gates could personally fund 6 massive state of the art fabs as could Bezos. This has nothing to do with a shortage of money to build fabs.Anybody who knows my previous post knows how much I want the US off China's teet. It's a national security thing. And when China steamrolls taiwan in the next couple years, TSMC is a hostage point against us. China's ambitions are clear with jailing of opposition and burnings of free press.
I would practically pay for a new fab to be built here in the USA on the condition 1) we get to say when it shuts down and 2) it gets upgraded to newest nodes when available. (Also paid for by us) and they keep profits unless China is hostile and takes over taiwan.
I see it as very difficult to have a chip fab in USA, mostly for the same reasons that most tech products are made in China.
Yes! Bravo! I like Trump but you are spot on about the vaccines. I will never forgive him for that. That and initiating the unconstitutional shutdowns and not doing more to stop them.
2 of Intel's 3 10nm production fabs are in the US. The other is is in Israel (also not a slave labor country).
It is hard to make competitively priced low-margin products in high wage countries.
Very valuable products can be profitably made in both.
I believe that products can be ethically made in low-wage countries.
It is harder to justify making products in countries with actively repressive governments. Especially if your manufacturing benefits from those repressive policies, rewards the repressive leaders and reinforces their importance in the global economic system.