That’s a frickin deal…my foundry expanded half a floor downstairs and converted 6in wafer tools to 8 in upstairs for about 20 or so different tools and the price tag 2.2 billion.
And federal minimum wage still at 7.25 for the last 15 yes. 🤔
So that’s like, what, one 22nm fab?
“R&D”
It’s not a fab. It’s a research location.
https://www.nytimes.com/2023/04/25/business/economy/chips-commerce-department.html
How much is the taxpayer putting up?
Are they going to get equity stake for this “investment”?
Literally the first line says the Biden Administration is giving them $825 million.
Wait… US government paying for the entire thing?
https://www.nytimes.com/2023/04/25/business/economy/chips-commerce-department.html
Yes, this article explains it slightly better…
To who?The National Semiconductor Technology Center (NSTC), is a public-private consortium dedicated to semiconductor research and development i
Well at least it is partially public… How much do corpos contribute?
how does IP get used?
Does taxpayer get some return at the end?
The taxpayer return is that we can finally start bringing cutting edge fabrication back to the US.
This is a bit like saying ‘Schools are such a ripoff for the taxpayer, the corporations get the benefit of knowledgeable workers!!!’
You want an IP deal? Fine, we should work out a licensing partnership, but this is the most important technology of our time, the benefit is clear.
The taxpayer return is that we can finally start bringing cutting edge fabrication back to the US
Hmm… Would a corporate entity accept such a return?
I dont think so in fact they expect us to to pay for their R&D.
Why does private capital gets special treatment and has requiremets to provide economics return to the owner while taxpayer’s fund are treated like free money to increase returns for the owners of private capital.?
Asking for friend.
I am sure min wage work doing shiti job really benefits from subsidizing rich peopels prodits lol
We are all a family 🤡
Hmm… Would a corporate entity accept such a return?
They do, on a daily basis.
How many multinationals invest in r&d for one of their subsidiaries.
The country is investing in something that a subcomponent of it will benefit from, as will its taxpayers and trade balance.
Why does private capital gets special treatment and has requiremets to provide economics return to the owner while taxpayer’s fund are treated like free money to increase returns for the owners of private capital.?
I’m not saying it should.
You’re conflating the definite problem of socializing risks vs privatizing losses with the clear benefit of investment in domestic r&d.
There should be a payback to the taxpayer, and btw, there actually is in that the engineers working those jobs pay taxes.
The corporations MUST pay more taxes, I am 100% on board with that, but don’t conflate that with the overall benefit of r&d investment.
We are literally arguing over something that only exists because the government invested in it to the detriment of phone companies who wanted to keep charging ludicrous rates for leased lines and long-distance calls. You need to get over black and white.
Just recognized your username, nvm, wasting my breath.
Why shouldnt US keep property rights resulting from the research it has funded? License it to private companies for a fair fee?
Why should private enterpise end up with this IP?
Taxapyer is essentially enriching some owners of companies who in return pricr gouging the working population.
But hey some slaves got the jobs and you us getting a factory is “return” enough for you? Doesnt look like our government officials are negotiating these properly imho
First of all, they don’t, that’s how publicly funded R&D works, the IP is shared, or licensed, but the product is owned.
Have you never read about actual patent licensing for places like Stanford and MIT? How do you think those work? The professors license the patents on behalf of the schools and either get a share, or in exchange for grants.
This model works, and has worked pretty well, it’s why we rocked all research for decades.
taxpayers get fucked for their trouble
