• anadyr [he/him]
    ·
    2 years ago

    Nvidia, Apple, and Visa, but only Nvidia is a chip maker (unless Apple makes them too?) I think https://www.yahoo.com/video/nancy-pelosi-husband-just-bought-151000595.html

    Interesting timing on the visit too:

    The bills are aimed at making the U.S. more competitive against a rising China, whose chip industry has grown rapidly over the last five years to account for almost 10% of global sales. The measures include $52 billion in subsidies and an investment tax credit to boost U.S. manufacturing.

    But a rift had emerged last week within the chip industry itself, with some players concerned the final language of the legislation would provide disproportionate support to manufacturers like Intel while doing little to support chip designers like Advanced Micro Devices Inc (AMD.O), Qualcomm Inc (QCOM.O) and Nvidia Corp (NVDA.O).
    https://www.reuters.com/technology/us-chip-industry-split-over-chips-act-benefits-intel-sources-2022-07-18/

    I feel like it's all an attempt at some grand power play to bring high tech manufacturing to the US, but in real end of empire style it's just grift at every level. Im interested to see how these bills ends up and will be keeping my 👁️ on how it affects Nvidia.

    I'm pretty sure these giant chip plants take over a decade to build and that's with Chinese construction speeds not American. I cannot see how Pelosi pushing China into cutting off American access to Taiwanese chips benefits the US at all.

    • SickleRick [he/him]
      ·
      2 years ago

      Facebook/Meta is spinning up a FAB in silicon valley. Samsung has chip foundries in Austin IIRC. TSMC is building a FAB in Phoenix.