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Re:Tech giants join call for funding U.S. chip production by Traster on Tuesday May 11, 2021 @03:23PM (#27122337)
The problem with this governmental intervention is that you can't have it both ways. These companies want the governmetn to step in to hlp them with their problems, but let's take a look - are they going to contribute back once the government has intervened? What are they really proposing, a 20% revenue tax on consumer products that are sold with these new US sourced chips? No. Of course not. God forbid they actually pay taxes to fund the government services they're asking for.
Re:Tech giants join call for funding U.S. chip production by Covzire on Tuesday May 11, 2021 @03:50PM (#27122657)
Just to play devil's advocate, what would the world look like had there been massive investment 5-10 years ago? The benefits would probably have been a chip shortage that wasn't and we'd be free to complain about other things.
Re:Tech giants join call for funding U.S. chip production by instafail on Tuesday May 11, 2021 @03:57PM (#27122758)
In this world, obviously, we would be complaining about the government subsidising unprofitable chip factories with billions of tax credits. Since we wouldn't have a chip supply crisis, we wouldn't know what its like to have one :D
Re:Tech giants join call for funding U.S. chip production by pjc50 on Tuesday May 11, 2021 @04:42PM (#27123254)
Unless they put the fab in Texas and it went offline with all the other fabs in the power outages? Or went bankrupt, like the previous "let's onshore an important piece of high tech" plan, Solyndra?

If it was started 5-10 years ago, would it have survived the change of administrations?

Re:Tech giants join call for funding U.S. chip production by antonzabirko on Tuesday May 11, 2021 @06:04PM (#27124158)
I would take a chip shortage over subsidizing them.
Re:Tech giants join call for funding U.S. chip production by paulddraper on Tuesday May 11, 2021 @06:13PM (#27124251)
> God forbid they actually pay taxes to fund the government services they're asking for.

That unironically makes complete sense.

If they were going to pay taxes to fund the subsidy, why have the subsidy in the first place?

(My conclusion: don't subsidize, don't pick winners and losers.)