News for hackers. Stuff that matters.

A comment on US tech stocks see sharp falls over AI cost fears. Parent comment

Re:US tech stocks see sharp falls over AI cost fears by petcat on Friday October 30, 2026 @01:30PM (#50307261)
> makes some things like the CHIPS act non-starters as long as we can't trust the next administration

Bidens CHIPS Act is still largely intact though isn't it? The next admin changed some things, renegotiated some implementation details, and even expanded parts of the subsidies. But I believe it is still moving forward at basically the same scale as was originally envisioned.

[ Parent | on HN ]
Re:US tech stocks see sharp falls over AI cost fears by taeric on Friday October 30, 2026 @04:48PM (#50309948)
My understanding is that more than a few of the things it planned were thrown into chaos. The new TSMC stuff is still planned, but it isn't hard to imagine that will hit more problems with how tantrum driven the current admin is. And tariffs and general posturing on trade wars is hurting everything.
[ Parent | on HN ]