Editorial Intel CEO Writes Opinion Piece on CNN Asking For Government Support

[skizzo]

be careful, next Joe Biden's thugs will be knocking on TPU's door saying "you're not communicating this story favorably enough". wouldn't want to paint his office as not being in favor of USA based companies by not giving them a break / additional support

pretty funny this is going on CNN after that news broke

and I apparently learned it is legal to have a mandatory retirement age in the USA? I never knew that could be legal since it sounds like the definition of "ageism"

 

[TheLostSwede]

Somebody should remind Intel CEO that (Potatoe) Chips were Made in America first, The Chinese and Taiwanese just added a little teriyaki flavor

Teriyaki is Japanese...

 

[awesomesauce]

That literally the Chinese gov plan. Now usa want to copy



That’s how chips war gonna start i guess (if not already started)

China Focuses on 3rd Generation Semiconductors in Aim for Self-Sufficiency | TechPowerUp

 

[TheLostSwede]

That's not what you said and not what Gelsinger said.

He wants the bulk of the funds to go to US companies. Why wouldn't it? It's our tax dollars. How much has Taiwan subsidized Japanese, EU, or US companies? Zero? Did that bother you?

I'm not expecting some foreign country to subsidize US companies, but it is rather bizarre to see someone from Taiwan expecting the US will subsidize Taiwanese companies.

You are really starting to stray into a very deceptive / dishonest arguments.


Then why would you complain when the US might maybe do it? Maybe start posting articles about how bad it is when China / Taiwan / Korea etc etc. use state funding to subsidize their industries?



After 35 years of being propped up, yes TSMC is giving them a return now. History and context matters.



That is mostly local state level incentives, typically they give low interest loans or don't hit them with property taxes for X number of years. That's not the same as Federal funding and infrastructure build-out, and states don't set corporate tax rates.

In point of fact, TSMC is a benefactor of this already as are many foreign companies like Toyota and Samsung. It's something any company that builds in the US will typically get - they put states in competition with each other to provide the best deal, regardless of what country they are for. That's a red herring as it is totally separate and can \ will happen anyway regardless of what happens with CHIPS act.

I think you live in a fantasy world, so let's just end the discussion here, as I have put you on my ignore list for a reason, but I foolishly replied anyhow.

 

[Why_Me]

Why should we subsidize Intel? I just don't see the overall plan panning out, they are unable to capitalize fab advancement due to their 12% world market position. They can't dominate the chip market based solely on their own architecture and designs. The need to sell their fabs out.

TSMC is selling their FABs out. Why doesn't Intel do the same? AMD already went through all of this, went on the verge of bankruptcy, sold their fabs, and went fabless. Intel needs to decide what they want to do.

So who should the US defense, auto, heavy machinery and aeronautical industry purchase their chips from?

 

[RandallFlagg]

I think you live in a fantasy world, so let's just end the discussion here, as I have put you on my ignore list for a reason, but I foolishly replied anyhow.

TPU needs to start having nationalistic editorials by this person presaged with the fact that he is from Taiwan.

 

[HammerOn1024]

Dear Intel... blow it out your backside!

 

[Ravenas]

Or maybe Intel should just just stop playing coy about it and act like a responsible company, instead of making excuses as to why it wants a bigger share of the funds than it thinks its competitors deserve? I don't favour any of the semiconductor manufacturers, but most of the reasoning from Pat is just silly. There are so many better ways of asking for this money that are legit reasons, instead of what he's done for the past week.
First and foremost, shouldn't the most money go to the company that is willing to invest the most into new foundries on US soil in this instance?
If that is Intel, then there's no problem, but asking for money without even saying what it will be used for, seems like a cash grab.

I t

So who should the US defense, auto, heavy machinery and aeronautical industry purchase their chips from?

Don't let a temporary supply chain problem cause you to make impulsive decisions.

 

[Why_Me]

I t


Don't let a temporary supply chain problem cause you to make impulsive decisions.

Who should US defense, auto, heavy machinery and aeronautical industries purchase their chips from?

 

[Ravenas]

Who should US defense, auto, heavy machinery and aeronautical industries purchase their chips from?

TSMC is selling 78% of this to the world.

Should we the taxpayer stand by and let the US government subsidize every industry when they aren't competing well due to their own decisions? How is that a capitalist market?

While we are at it, let's begin subsidizing silicon mining and elemental silicon production.

 

[TheLostSwede]

TPU needs to start having nationalistic editorials by this person presaged with the fact that he is from Taiwan.

I'm not from Taiwan

 

[damric]

Intel squandered profits by buying back stock instead of reinvesting in production. Let them fail.

 

[mak1skav]

Haha always the same story with those mega corporations they want to share the expenses/loses with the taxpayers but never the profits.

 

[Why_Me]

TSMC is selling 78% of this to the world.

Should we the taxpayer stand by and let the US government subsidize every industry when they aren't competing well due to their own decisions? How is that a capitalist market?

While we are at it, let's begin subsidizing silicon mining and elemental silicon production.

Madness is the only thing that comes to mind when the US defense and economy should rely upon a foreign company for it's chips who's based out of a country that's being eyeballed by China.

 

[Ravenas]

Madness is the only thing that comes to mind when the US defense and economy should rely upon a foreign company for it's chips who's based out of a country that's being eyeballed by China.

So any global corporation with fabs in the United States don't count either, they must be headquartered here. Logical.

Again, why should 22% of my earning be turned over to the US Government, to turn around and subsidize Intel?

 

[Why_Me]

So any global corporation with fabs in the United States don't count either, they must be headquartered here. Logical.

It's our defense and economy for christ sake.

 

[Ravenas]

It's our defense and economy for christ sake.

Last I checked our economy is #1 and our defense is #1. Haven't heard any talk of this prior to COVID supply chain issues. China doesn't need to take over Taiwan to control chip manufacturing, they can do so through silicon.

Nothing more than ridiculous political lobbying to pay off Intel current capital expenditures.

The United States taxpayer shouldn't subsidize every corporation when they can't compete due to their own decisions. This erosion of market share has occurred over a decade of poor business.

 

[Why_Me]

Last I checked our economy is #1 and our defense is #1. Haven't heard any talk of this prior to COVID supply chain issues. China doesn't need to take over Taiwan to control chip manufacturing, they can do so through silicon.

Nothing more than ridiculous political lobbying to pay off Intel current capital expenditures.

The United States taxpayer shouldn't subsidize every corporation when they can't compete due to their own decisions. This erosion of market share has occurred over a decade of poor business.

If this virus has taught us anything it's the fact that the global supply chain isn't what it was made out to be. It has some severe deficiencies.

 

[Ravenas]

If this virus has taught us anything it's the fact that the global supply chain isn't what it was made out to be. It has some severe deficiencies.

Intel has supply chains, should we subsidize every supplier?

 

[Why_Me]

Intel has supply chains, should we subsidize every supplier?

Intel is US based.

 

[TheLostSwede]

Who should US defense, auto, heavy machinery and aeronautical industries purchase their chips from?

Who are all other nations equivalents buying from?
Again, no-one is saying that there shouldn't be IC foundries in multiple parts of the world, the currently supply issues are proof that the current way things are done, doesn't work reliably.
There's also no issue with governments trying to entice companies over to their nation, as long as it's done above board.
However, it's unlikely that we're ever going to a foundry per country, just so every government can make "their own" chips. Why does the US have any more right than any other country to produce those chips?
I'm by no means in favour of the PRC or Taiwan being exclusive producers of whatever it might be, it's not a sensible way of doing things, but it's what many companies have allowed to happen, because they could save money by doing so.
It makes it hard to feel sorry for these companies who are now complaining about how they're no longer the market leaders and that the foreign competition is doing better than them.
You can't eat the cake and have it.

 

[Ferrum Master]

Basically all the problems arose of Intel themselves flopping so hard and being narcist till the point some Taiwan company catch them up and some other companies utilized it as the normal free market does.

And now they whine about it...

 

[Why_Me]

Who are all other nations equivalents buying from?
Again, no-one is saying that there shouldn't be IC foundries in multiple parts of the world, the currently supply issues are proof that the current way things are done, doesn't work reliably.
There's also no issue with governments trying to entice companies over to their nation, as long as it's done above board.
However, it's unlikely that we're ever going to a foundry per country, just so every government can make "their own" chips. Why does the US have any more right than any other country to produce those chips?
I'm by no means in favour of the PRC or Taiwan being exclusive producers of whatever it might be, it's not a sensible way of doing things, but it's what many companies have allowed to happen, because they could save money by doing so.
It makes it hard to feel sorry for these companies who are now complaining about how they're no longer the market leaders and that the foreign competition is doing better than them.
You can't eat the cake and have it.

Does TSMC get any breaks from the Taiwanese govt?

 

[Ravenas]

Intel is US based.

Should we subsidize every supplier? Do you know which global location your hypothetical Intel chip was fabbed? Why should Intel be rewarded for poor business execution?

Subsidizing Intel simply because they are US based is throwing money away. Maybe the government should appoint bureaucrats to all executive positions at Intel as well.

This is capitalist market, not a welfare state. If this was a wartime effort I would understand, but it's not. It's political lobbying.

Does TSMC get any breaks from the Taiwanese govt?

Who cares what Taiwan does? Should we spend taxpayer dollars because Taiwan does?

 

[TheLostSwede]

Madness is the only thing that comes to mind when the US defense and economy should rely upon a foreign company for it's chips who's based out of a country that's being eyeballed by China.

It's a situation that's self created though.