Lee Harris on Twitter
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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 shareholdershttps://t.co/qwXzRx3lG3— Lee Harris (@leee_harris) August 17, 2022

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

    • CanYouFeelItMrKrabs [any, he/him]
      ·
      2 years ago

      TSMC (in Taiwan) makes the best chips for Apple, AMD, sometimes Nvidia. Samsung also makes a lot of chips but they are behind TSMC.

      That's one reason the US passed the chips act. If anything happens in Taiwan, like China taking it back or just like an earthquake, it would massively interrupt things