News U.S. Senators Close to Inking $52 Billion Semiconductor Funding Plan

[Admin]

American legislators are about to announce multi-billion microelectronics funding plan.

U.S. Senators Close to Inking $52 Billion Semiconductor Funding Plan : Read more

 

[ezst036]

Free money for wealthy billionaires

 

[spongiemaster]

Free money for wealthy billionaires

I understand not giving free money to wealthy billionaires, but would you be ok giving free money to poor billionaires?

 

[waltc3]

Let's hope this isn't an Intel welfare package in disguise. Oh, brother. The one thing Intel excels at doing these days is burning through money like there's no tomorrow. Let's hope a good chunk goes to AMD--a company obviously capable of doing much more than Intel with far less money (If AMD had lost as much as Intel on various projects--like Itanium and Rdram, just to name a couple--AMD would have been out of business years ago.) Whatever happens, the US needs to move a great chunk of chip manufacturing home where China is not a problem. We don't know what is going to happen in Hong Kong.

 

[spongiemaster]

Let's hope this isn't an Intel welfare package in disguise. Oh, brother. The one thing Intel excels at doing these days is burning through money like there's no tomorrow. Let's hope a good chunk goes to AMD--a company obviously capable of doing much more than Intel with far less money (If AMD had lost as much as Intel on various projects--like Itanium and Rdram, just to name a couple--AMD would have been out of business years ago.) Whatever happens, the US needs to move a great chunk of chip manufacturing home where China is not a problem. We don't know what is going to happen in Hong Kong.

I think you're missing what this money is for even though you stated it in your post. It's for increasing semiconductor production in the US. AMD is not in that business, what are they going to do with the money? Outbid Apple for more wafer starts at TSMC? How does that fix anything? Do you remember why AMD is producing chips on a foreign company's superior node? Because their own foundry that they spun off, Global Foundries, let AMD out their contracts when GloFlo threw in the towel on 7nm development and gave up moving beyond 12nm. Intel is certainly have its problems moving beyond 14nm, but they are doing infinitely better than AMD is.

 

[thisisaname]

So much and at the same time so little.

52 billions sounds like a lot but United States spends $51 billion annually on the largely ineffective War On Drugs. Since 1971, the war on drugs has cost the United States an estimated $1 trillion.

South Korea's government announced a support package worth 510 trillion won (US$451bn) to bolster in-country chip production with the hopes of becoming a global supply chain leader.

Now that is a stimulus package not some small change.

South Korea creates $451bn semiconductor stimulus package

Samsung and SK Hynix singled out as nation tries to become a titan

www.theregister.com

 

[spongiemaster]

So much and at the same time so little.

52 billions sounds like a lot but United States

It is a lot to individuals, but in relation to the tech industry, this is very little. Not sure how it is going to be determined how this money gets disbursed to tech companies over the next 5 years. Every one gets a check for $2000? Intel claims they are really going to be ramping up Capex and R&D expenditures over the next few years. Over the previous 5 years, Intel spent over $66 billion on R&D. So how much is $54 billion over 5 years really going to help the industry?

 

[-Fran-]

So, this means tax payers will help foundries make even more money, but this time in their own soil? That... Makes perfect sense... Yeah... They'll probably give them free water and electricity rights for like 100 years or something. That's very common as well. So they'll be free to screw the environment so we can have our gadgets.

I wonder if there is some sort of stipulation the US companies would get those waffers at a discount so consumers see some of the $52K Million back? Haha! Yeah, right.

As sour as I sound, at least I understand why they're trying to do this. Still, sounds a bit... Strange.

Cheers!