Jump to content
  • 🚀 Join the Uncrowned Addiction Community Today! 🚀

    Say Goodbye to Ads and Hello to Tech Talk!

    👋 Hey there, tech enthusiast! Noticed those pesky ads? Well, we've got great news for you! Sign up for free at Uncrowned Addiction and enjoy an ad-free experience as part of our vibrant tech community.

    Why Join Us?

    • Friendly Community: Connect with fellow tech lovers in a welcoming and supportive environment.
    • Engaging Discussions: From the latest tech trends to timeless tech debates, dive into discussions that matter to you.
    • Share Your Knowledge: Got tech insights or questions? This is your platform to share, learn, and grow.
    • Ad-Free Browsing: Once you're a member, those AdSense ads disappear, making your experience smoother and more enjoyable.

    Becoming part of Uncrowned Addiction means joining a community where your love for technology is shared and celebrated. Sign up now and start your journey with us – where curiosity meets community!

    👉 Join us – it's free, it's fun, and it's all about tech! 👈

  • AdSense Advertisement


  • AdSense Advertisement


  • AdSense Advertisement


[Discussion] Chip Makers Plan to Come to the US, but Only if Tax Funded


Uncrowned Guard

Recommended Posts

Taiwan’s GlobalWafers, the world’s third-largest manufacturer of semiconductor wafers, has recently announced plans to build a $5 billion plant in Texas but only if the US government helped with the costs.  This follows TSMC starting production of their Phoenix plant with help of local tax money and requesting more aid as costs have increased during the project.  The focus of these requests?  That would be the 2021 CHIPS Act passed by the US Congress to support semiconductor manufacturing as part of the United States Defense Budget.

The CHIPS Act was part of the defense budget that has been formally passed and allocated $52 billion to move chip production away from China and to the US.  The goal of this act was to help make the US less dependent on China for electronics and support companies building new factories and other projects to achieve this goal.  The problem with the CHIPS Act is that Congress has yet to move any of the money and it was also intended to support domestic companies only.

Speaking of domestic companies, Intel has also stopped building a factory in Ohio until CHIPS money is released to support their project.  Intel has stated that the project was based on the CHIPS funding and not releasing the money has delayed the project from even breaking ground.  GlobalWafers and TSMC are both foreign companies and would require modification of the Act if they were to receive any funding. The current global shortage of semiconductors and numerous product shortages caused by this are adding to the push by a large section of the government to make the US better able to sustain itself if a war with China breaks out and those are solid leverage points for companies to push to gain access to those funds.


View full article

Link to comment
Share on other sites

AdSense Advertisement


Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • AdSense Advertisement


  • AdSense Advertisement


  • AdSense Advertisement


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.