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

  • 20000bannedposters [love/loves]
    ·
    2 years ago

    We have not even begun to see the toll COVID is going to have. Huge swaths of the labor force is sidelined.