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Re:TSMC execs allegedly dismissed OpenAI CEO Sam Altman as '... by alephnerd on Friday September 27, 2024 @09:16AM (#41670065)
> We'll build plants overseas if you don't give us CHIPS Act money is a great scheme

The CHIPS act has provisions to help fund fabs in allies.

This is why Biden and Modi announced a Feb dedicated to US and Indian defense systems [0] at the QUAD summit as well as as the designation of the UAE as a "Major Defence Partner" along with India [1] which includes tech transfer conditions.

A significant portion of the CHIPS and IRA is set aside to help with subsidizing international allies tech and innovation ecosystems in order to ensure they don't lean towards China [2]

[0] - https://www.bloomberg.com/news/articles/2024-09-23/biden-mod...

[1] - https://www.reuters.com/world/us/harris-plans-raise-gaza-cea...

[2] - https://cset.georgetown.edu/publication/agile-alliances/

Re:TSMC execs allegedly dismissed OpenAI CEO Sam Altman as '... by Prbeek on Friday September 27, 2024 @09:48AM (#41670419)
These designations are nothing but schemes to lock in major weapon buyers into the US MIC ecosystem.
Re:TSMC execs allegedly dismissed OpenAI CEO Sam Altman as '... by alephnerd on Friday September 27, 2024 @09:52AM (#41670472)
Partially, but defense is the biggest buyer for electronics - which is why the CHIPS Act and "Supply Chain Security" became a thing.

For a number of commodity components, there was a heavy reliance on China due to low margins. Now there is a push to move those portions of the supply chain away to other partners.