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.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.
Now that is a stimulus package not some small change.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.
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?So much and at the same time so little.
52 billions sounds like a lot but United States