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Biden Expected to Announce Billions in Chip Subsidies, WSJ Says (www.bloomberg.com)

submitted 9 months ago by [email protected] to c/[email protected]

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Biden Expected to Announce Billions in Chip Subsidies, WSJ Says::The Biden administration is expected to soon announce billions of dollars in new subsidies to chipmakers including Intel Corp. and Taiwan Semiconductor Manufacturing as part efforts to reshore production, the Wall Street Journal reported.

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[–] [email protected] 12 points 9 months ago (1 children)

We’re just ignoring that a key part of taiwanese defense planning is self destructing the chip plants in the event of an invasion?

[–] [email protected] 7 points 9 months ago

No I'm more focusing on the tensions surrounding those chip plants. And how were doing everything we can to prevent the destruction of those chip plants from affecting Google, Amazon, Meta, Military operations, etc.

I think it's the epicenter of a potential trigger point for God damn ww3, especially given the current state of geopolitical tensions.

I only bring it all up when I see news that continues to confirm that it appears this is the direction it's moving.

Y'all seen the tensions flaring in the South China sea? Shit is heating up.