Hassam Nasir is a die-hard hardware enthusiast with years of experience as a tech editor and writer, focusing on detailed CPU comparisons and general hardware news. When he\u2019s not working, you\u2019ll find him bending tubes for his ever-evolving custom water-loop gaming rig or benchmarking the latest CPUs and GPUs just for fun. ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-11/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Hassam Nasir Social Links Navigation Contributing Writer Hassam Nasir is a die-hard hardware enthusiast with years of experience as a tech editor and writer, focusing on detailed CPU comparisons and general hardware news. When he’s not working, you’ll find him bending tubes for his ever-evolving custom water-loop gaming rig or benchmarking the latest CPUs and GPUs just for fun.
TechieTwo It's amazing what $8.9 BILLION of U.S. tax payer money can accomplish. Reply
TechieTwo said: It's amazing what $8.9 BILLION of U.S. tax payer money can accomplish. My thoughts exactly. Would they ever have been able to proceed with this, without the help of the US government? I seriously doubt it. Their struggles with the 13th and 14th-generation Raptor Lake processors, along with AMD's success, have put them in a bad position. I don't know if they'll be able to comeback Reply
Zaranthos Two different democrat party bills combined and then passed and signed under Biden. Trump wanted to bring back more manufacturing which I agree with but I'd prefer the taxpayers weren't paying for it. But once the government starts throwing money around we're stuck with the bill as usual. I'm happy Intel didn't die because competition is a good thing, but I'd rather they weren't getting bailed out by the taxpayer. Reply
gamerk316 Zaranthos said: Two different democrat party bills combined and then passed and signed under Biden. Trump wanted to bring back more manufacturing which I agree with but I'd prefer the taxpayers weren't paying for it. But once the government starts throwing money around we're stuck with the bill as usual. I'm happy Intel didn't die because competition is a good thing, but I'd rather they weren't getting bailed out by the taxpayer. I note that since the US government owns a stake in Intel, should their stock recover (which lets be clear: that's far more likely than Intel failing) the US Government receives a nice tidy profit. You can think of it similar to the GM bailout, which turned a profit at the end of the day once the government sold its stake. Also, speaking purely from a defense perspective, Intel is a company that simply can not be allowed to fail given the lack of high-end CPU manufacturing capability in the states. Reply
gamerk316 TechieTwo said: It's amazing what $8.9 BILLION of U.S. tax payer money can accomplish. The US Government is historically at its most effective when it throws money at a problem. I'd argue the lack of long term investment going back to the mid-70s is a major reason why the economics of the country are so poor these days. Reply
drivinfast247 TechieTwo said: It's amazing what $8.9 BILLION of U.S. tax payer money can accomplish. Everything from state-of-the-art chip fabs to daycare centers. Reply
thisisaname A whole 8 jobs they are sure are kicking the construction into high gear /s Reply
thestryker gamerk316 said: I note that since the US government owns a stake in Intel, should their stock recover (which lets be clear: that's far more likely than Intel failing) the US Government receives a nice tidy profit. Intel's current stock price is over double what it was when the government got their stake. The problem with doing it this way is that the money wasn't strictly tied to jobs or manufacturing progress. The prior CHIPs Act requirements were eliminated and the only penalty comes in if Intel decides to split off manufacturing. So while the money invested should make back a healthy profit it doesn't guarantee anything other than that. TechieTwo said: It's amazing what $8.9 BILLION of U.S. tax payer money can accomplish. A heavily delayed project which has been completely dictated by the stock market and Intel's board? The only positive that can really be said about this project is that it wasn't canceled when Intel canceled the rest. Reply
blppt Zaranthos said: Trump wanted to bring back more manufacturing which I agree with but I'd prefer the taxpayers weren't paying for it. I mean, we just bailed out Argentina with $40B of taxpayer money, at least this was used for something on American soil that will create (hopefully) American jobs. Reply
Key considerations
- Investor positioning can change fast
- Volatility remains possible near catalysts
- Macro rates and liquidity can dominate flows
Reference reading
- https://www.tomshardware.com/tech-industry/semiconductors/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/semiconductors/intels-ohio-one-project-shows-healthy-progress-as-new-job-listings-pop-up-construction-seems-to-be-well-underway-as-contractor-actively-hiring-for-ambitious-chip-factory#main
- https://www.tomshardware.com
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Informational only. No financial advice. Do your own research.