Rare U.S. Government actually does something useful for once.
Senate passes bipartisan bill to subsidize U.S.-made semiconductor chips
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This is actually sick thank frick chip manufacturing is coming back.
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This actually sounds like good news, what's the drama?
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Redditors seething over this in r/technology.
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Socialism is when the government is one giant corporation that distributes their profits to taxpayers.
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It's socialism
but it's also NOT globalism. So I'm torn
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I have bad news about corn syrup.
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unironically great
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nvidia amd apple are gonna be big mad, they have absolutely no fab capabilities. Unless they design a new state of the art fab by themselves I doubt they will a penny out of this.
Intel, Samsung, Texas Instruments etc who actually can establish fab centres are gonna be the big benifitters of this. Its estimated that intel alone would get around $20b from this. Samsung around $10b with their new $900b new fab plans
I heard there are two camps in the bill like "chip makers" and "chip designers" but am unsure whats the portioning of the $50b is to each
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I think the benefits of being fabless outweighs the benefits of a couple bill from the govt, no?
Follower of Christ
Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.
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Couldn't one just follow his buys, and tune in to congressional news?
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iirc a bot that trained to mimic the trades of congress & close friends/family came out ahead of any other algorithm
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Source? Would love free insider trading
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https://www.capitoltrades.com/
I think there might be a better website but I can't remember it.
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they report that shit super late most the time, this one they actually reported fairly early though but still "kind of" late. They reported it after the announcement of the bill
but yea there's no enforcement on when they report their purchases, so usually it's not reported until it's too late
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As shady as gov members are, thats not as bad as being an insider trader because its someones husband and it was public knowledge
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They don’t have to report until 30 days after lmao, so the plebeians are stuck being poor
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Yeah I’ve been hearing for years that U.S wants to pull chip fab from Taiwan in case of Chinese invasion because of how disastrous it would be if TSMC and the other fabs next door to them went to china. Probably would have bought Intel if I did stock market gambling.
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You can sort of follow his buys, but he has like 30 days to disclose his trading. By the time you see it, it’s probably too late.
!blackjack105
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!blackjack210
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bart explained it at some point; I think they have 15 or 30 days to disclose their trading, so you can do this, but you'd be that many days late.
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Finally some good news.
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I don't understand why there mad tbh
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Because just 3 years ago China gave reddit 150 million dollars. Which, in the grand scheme of things isn't much, but it's a lot of money given to admins, and it allows China to use bots on reddit and have the admins look the other way. Remember, jannies do it for free, but the admins that work for Reddit aren't doing it for free
China doesn't want the US to build chip manufacturing plants in the US, because if they could invade and secure Taiwan, than the US would be dependent on China for our entire military and civilian infrastructure.
Somehow the United States government finally took their heads out of their asses and did something right, so China is pissed and wants to try and sway opinions on this move
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Lmao china cannot invade taiwan and the US has been trying to shift chips to america for ages.
It's just smart.
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Why can't China invade Taiwan?
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Because invasions are hard. Even more so across a body of water vs an enemy with a large stockpile of asbms and cruise missiles.
There's like one good area to land and it's a rocky fricking beach covered by absurd area of denial systems.
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Do you have any idea how hard it is to invade an island, let alone a heavily armed and industrial island lol? China would suffer absolutely staggering losses.
Even chinese generals have said as much.
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ok r-slur
also having 3 upmarseys the second you post, shows this site has bots that upmarsey certain users immediately. It's killing any actual sort of organic feel to this site
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Lmao
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The auto upmarseys for pizza are hard coded into the site I’m pretty sure. Also pretty sure it’s only for pizza to encourage his sperging.
!blackjack105
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You only have one half of the equation. The other half is Taiwan is equally as r-slurred. They spend a smaller percentage on their military than Germany. Their mandatory military service lasts three months. They have no plans to fight in their mountains, jungles, or dense cities, only their wide open beaches. They have no plans for assymetrical warfare whatsoever.
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They can't (yet), but getting ready for that is the whole goal of their current militarization campaign.
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Exactly, and that is why the United States just passed a bill to subsidize hundreds of billions to make company's build microchips in the united states.
This is a clear signal that the United States will NOT defend Taiwan if they get invaded by China. Which is good, because frick starting WW3 over some island that hasn't done shit for us except build microchips.
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Burgers about to lose Asia
.
If Taiwan falls, South Korea and Japan make their arrangements with China. Their population is even more anti war than yours. And down goes the eastern outpost of your empire.
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You really think China isn't just as corrupt and r-slurred as R*ssia? 50% of tbe chinese navy would be hit by ASMs on day one. Stop believing the bullshit.
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It’s true China can’t invade Taiwan yet, but in the next decade maybe.
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CCP shills are all over reddit. Unlike other shills a lot of them are very obvious with their ESL comment style and spotty knowledge of American pop culture.
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It's a horror that so much of social media is infested with bots. This site was suppose to recreate early 2000's forums.
But we get cute twinks like pizzashill and his bot. I block them, as should everybody else.
I've blocked pizzashill, and I've got a long life to live without seeing his horrible takes. It's finally over
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Literally frick that cute twink that likes to axe if he's some celebratey. I never have to read his shit takes again😁😁 im free!!
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Why are you replying to yourself?
!blackjack105
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They hate America and this is good for America.
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Because subsides to make a industry competitive which only benefits the industry at the cost of the taxpayers.
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Taiwan is toooaaaast
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Still an integral part of the first island chain. No way that the US just abandons them, even if they onshore chip production.
But if China does invade, expect all of TSMC to turn to dust as they land lol.
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When TSMC slams the switch to self-destruct it will be glorious.
Follower of Christ
Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.
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Might kill more Taiwanese than the PLA will manage to.
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Hopefully not, but at least now we have a backup plan
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Frick em'
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Good point, in addition to being very technologically sophisticated allies, they're also usually pretty hot.
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Wow rebbit is really fricking mad about govt spending money all of a sudden..
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Snapshots:
archive.org
archive.ph (click to archive)
ghostarchive.org (click to archive)
orange site discussion:
archive.org
archive.ph (click to archive)
ghostarchive.org (click to archive)
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Snappy predicts that the rebellious Taiwan province will be dealt with by Christmas.
!blackjack125
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!blackjack250
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wtf im patriotic now?
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This subsidy should be contingent on the bunny suits having transflags on them
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Live view of Nancy's portfolio
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This is Brandon’s America
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I'm a conservative, but I'll give Biden credit where it's due. If he backed this, he deserves some applause.
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/r/enlightenedcentrism
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That rtechnology thread...redditors are so unbelievably braindead holy shit
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Apparently the US should not do what nearly every other country that makes semiconductor chips does and instead gimp themselves the next time there's a shortage. R*ddit socialists are the worst.
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Im ordering core routers and being given 12 month fricking wait times. Tell these r-slurs that the internet needs chips too. See how long these zoomers last without tiktok and they'll be crying for more chips.
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God it's been horrible. We're trying to buy a bunch of eval kits at work and everything is 26+ weeks lead time. I'd fricking kill to have parts in stock again.
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ppl keep sneeding in /r/Ubiquiti when someone posts a good haul lol
Follower of Christ
Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.
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Will this make it easier for the NSA to backdoor chips?
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Yes, but that's a good thing.
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Finally i was reading about this a while back
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Nice. Hopefully they can build something without it taking 15 years.
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They're probably doing this because they don't want to be forced to start WW3 over Taiwan, if China makes a move.
When the threat of national security (I.E. the rich oligarchs being threatened), things can actually move quite fast.
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Good job guys, Im sure we'll catch up to Taiwan and SK in a few short decades![:marseyexcited: :marseyexcited:](/e/marseyexcited.webp)
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Foxnews sneeding meets reddit sneeding
Only true americhads come out of this winning
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Because the politicians literally told their spouses to buy stocks in semi-conductors.
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Senate? Legislating?
I don't believe it
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While this is probably a good thing, I just hope the companies we subsidize don't end up becoming another Solyndra
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Can’t wait for us to stop giving af about Taiwan
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Frick protectionism. Trust the science.
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3080 ti for $800 when.
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