They already promised 500 billion, they just increased it another 100 billion. For the size of the company and how many trillions they’ve invested in China, this is just PR.
Yabut if that 500B was from the CHIPS act than you know they gotta re-re-roll that and say they did it first.
The CHIPS act was already gonna take like a decade to really pay off. Semiconductors are only made as cheaply as they are because of the unique geo-economic proximity of Taiwan (skilled labour) and China(cheap labour).
And the equipment to make semiconductors is proprietarily not American.
There’s no way any western supply chain can compete in the short term.
They already promised 500 billion, they just increased it another 100 billion. For the size of the company and how many trillions they’ve invested in China, this is just PR.
Yabut if that 500B was from the CHIPS act than you know they gotta re-re-roll that and say they did it first.
The CHIPS act was already gonna take like a decade to really pay off. Semiconductors are only made as cheaply as they are because of the unique geo-economic proximity of Taiwan (skilled labour) and China(cheap labour).
And the equipment to make semiconductors is proprietarily not American.
There’s no way any western supply chain can compete in the short term.