Ask HN: Why should the CHIPS bill be passed? https://ift.tt/iwJ1ujX Aren't chip companies all very profitable? Shouldn't they take ...
Ask HN: Why should the CHIPS bill be passed? https://ift.tt/iwJ1ujX Aren't chip companies all very profitable? Shouldn't they take out a loan? Didn't Intel just commit to $35B to start factories in Europe? Why can't they do that here? Is the funding free? Where is it coming from? I've yet to read a good explanation for the CHIPS act. All this money being spent when we should be cutting spending. Shouldn't the chip companies be able to sell bonds / shares to raise money for more factories? 4
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