this post was submitted on 27 Mar 2024
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[–] Beryl 20 points 10 months ago* (last edited 10 months ago)

Capitalism 101 : Privatize the profits, socialize the losses.

[–] pennomi 17 points 10 months ago (1 children)

Because the government wants to incentivize building more manufacturing domestically instead of internationally. This is how things work.

[–] gibmiser 13 points 10 months ago (1 children)

So make it a legal requirement that devices sold in the US have chips made locally or have an added tariff. It's not hard to figure out alternative solutions, they just don't want to use them because...

You know.

[–] pennomi 1 points 10 months ago

Sure but subsidies won’t generally be challenged in court like the others. It’s just the way the game is played in the United States.

I’m not saying it’s moral, I’m just saying that it’s the fastest way to get things done here.

[–] ultranaut 7 points 10 months ago

Fabs are needed in the US for national security. It's not economically feasible to build them in the US without subsidies so the US government is paying up to get them built ASAP. It's really not that much money in the grand scheme of things, and the potential consequences of not doing it are severe. Yes, it's gross and it's stupid that this is how the world works, but this is how the world works.

[–] 3volver 6 points 10 months ago

Late stage capitalism. The only way to incentivize real production value in the US is to take from the taxpayers and give it to the corporations. There is no more real competition in America, it's all been outsourced or bought by the government.

[–] RealFknNito 6 points 10 months ago (1 children)

I hate Intel I hate Nvidia I hate Intel I hate Nvidia I hate Intel I hate Nvidia

[–] Harbinger01173430 2 points 10 months ago (1 children)

What about AMD, Qualcomm or the other chip sellers?

[–] RealFknNito 2 points 10 months ago* (last edited 10 months ago)

They're cool. Both have given me minor software issues but I can't think of a time they deliberately shit in my cereal then asked me if I liked it like both Intel and Nvidia have.

[–] SteefLem 2 points 10 months ago
[–] [email protected] 1 points 10 months ago

Need and want are very different things