After Congress passed $52 billion CHIPS subsidy:

-Micron, which had said it would invest $40b in the U.S. this decade, announced it will cut capital spending

-Intel cut its capital spending plans by $4b, but predicts a “growing dividend” for shareholders

  • cogito_ergo_cum [he/him]
    ·
    2 years ago

    :FrogPog: mom can you give me a couple billion $?

    :lady-doge: to innovate and improve production?

    :FrogPog: yeees

    actually gives money to shareholders like a boss