TSMC and Trump announce $100 billion investment in the US, including three fabs
Also packaging facilities and an R&D center
So bankrupt and abandoned in a few years? Gotcha.
Foxconn mostly abandons $10 billion Wisconsin project touted by Trump
\ Published Wed, Apr 21 2021 5:46 AM EDT | Updated Tue, Sep 13 2022 7:00 PM EDT
Huh, I wonder why this sounds so familiar.
https://en.wikipedia.org/wiki/Wisconn_Valley_Science_and_Technology_Park
Went down the hole, part of it soon to become a Microsoft data center. Makes sense when you have access to a shit ton of fresh water.
Just look up Foxconn in Wisconsin if you want a preview of what’s to come.
Or TSMC 4nm fab in Arizona, a complete failure obviously.
Much like he gave concessions with canada basically telling him what they were already agreeing to as if it were a new thing, is this repackaging something Biden did and trump wanting a fucking cookie for?
More or less. It's the CHIPS act
Figured Trump was going to wait til closer to the midterms to start taking credit for that. Guess he's desperate enough to not wait for it to actually start paying out.
Common corporate tactic. Company pledges to invest billions in new this or that. Years later project is abandoned due to unforeseen delays.
I doubt Trump will be alive when those fabs come online. It takes years. In the meantime he'll place tariffs on technology imports without having the alternative domestic production.
I've lived thru some of the madness for 15 years. You are totally right on the money. Orange fart face will be a stain in a box long before anything comes out of a fan anywhere. He's got nothing to lose promising stuff though.
Fuck that guy and everyone that attaches to him.
Is this so he can give China his blessing to take Taiwan?
Assuming this actually leads to anything and we now have a functional US fab, wouldn't this be the dawn of the $5,000 iPhone SE?
TSMC already has a functioning US fab
I thought the government didn't have any money!