calfoxwc Posted April 10 Report Share Posted April 10 Now, I'm not against the CHIPS act - I think we DO need to make our own freaking semiconductors. I don't know what it has "Taiwan" in the company title. ? But the problems are political - which is the sole basis upon which the corrupt dems do anything, or say anything. 6.6 BILLION to this new? company....with 5 billion in loans.... to be put into .... SWING STATES? Everything they do is about POWER and KEEPING POWER. But wait, there's more. The CEO of this new company........wait for it................................................ used to be the CEO of..........obaMao's failed SOLYNDRA. Fancy that. I'm guessing this new company will be dumping many millions into the dems PACS. I could be wrong. ? NOTE: the bill was signed in 2022. But now it's news in an election year. and INTEL got 8.5 BILLION. https://www.marketplace.org/2024/04/09/tsmc-deal-chips-acts-semiconductors/ $6.6 billion TSMC deal in Arizona the latest in the CHIPS Act’s rollout Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted April 10 Author Report Share Posted April 10 and, who is the CEO of INTEL ? Pat Gelsinger https://www.campaignmoney.com/political/contributions/patrick-gelsinger.asp?cycle=16 ***************************** who does a lot of donated to a SUPERPAC. Which does donate to both parties. Guess which party is currying favor with INTEL - (this is from 2016 - who knows how it will go in 2024) https://www.campaignmoney.com/political/committees/vmware-inc-political-action-committee-vmware-pac.asp?cycle=16 Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted April 10 Author Report Share Posted April 10 interesting, right? https://justthenews.com › politics-policy › energy › tech-company-headed-former-bankrupt-solyndra-ceo-receive-66-billion-biden Tech company headed by former CEO of bankrupt Solyndra to receive $6.6 ... 1 day agoA semiconductor company whose president was head of the now-bankrupt Solyndra solar energy company stands to receive $6.6 billion in funding from the Biden administration. Under a preliminary agreement, according to CNBC , a subsidiary of Taiwan Semiconductor Manufacturing Co. (TSMC) in Arizona will receive the funding under the U.S. CHIPS and ... https://hotair.com › headlines › 2024 › 04 › 09 › failing-upward-former-solyndra-ceo-gets-66b-from-biden-admin-n3786185 Failing Upward: Former Solyndra CEO Gets $6.6B from Biden Admin 1 day agoThe Biden administration is giving $6.6 billion to a semiconductor project run by the former CEO of Solyndra, the failed solar energy company at the center of an Obama-era scandal over government misspending. Taiwanese chipmaker TSMC's Arizona subsidiary, whose president is former Quote Link to comment Share on other sites More sharing options...
JAFBF Posted April 11 Report Share Posted April 11 On 4/10/2024 at 9:06 AM, calfoxwc said: Now, I'm not against the CHIPS act - I think we DO need to make our own freaking semiconductors. I don't know what it has "Taiwan" in the company title. ? But the problems are political - which is the sole basis upon which the corrupt dems do anything, or say anything. 6.6 BILLION to this new? company....with 5 billion in loans.... to be put into .... SWING STATES? Everything they do is about POWER and KEEPING POWER. But wait, there's more. The CEO of this new company........wait for it................................................ used to be the CEO of..........obaMao's failed SOLYNDRA. Fancy that. I'm guessing this new company will be dumping many millions into the dems PACS. I could be wrong. ? NOTE: the bill was signed in 2022. But now it's news in an election year. and INTEL got 8.5 BILLION. https://www.marketplace.org/2024/04/09/tsmc-deal-chips-acts-semiconductors/ $6.6 billion TSMC deal in Arizona the latest in the CHIPS Act’s rollout I actually think this is a good deal - 2n production is a ways out still I believe. Insanely small circuitry. Now as for the CEO . . . I did not know that aspect of it, but . . . things can change between now and then. This will not happen overnight, so there is quite a bit of time for things to change multiple times while this Facility is built. Remember, we lost these types of Industries long ago, going to take time to get people back up to speed and trained on this - very High Tech. Quote Link to comment Share on other sites More sharing options...
calfoxwc Posted April 12 Author Report Share Posted April 12 7 hours ago, JAFBF said: I actually think this is a good deal - 2n production is a ways out still I believe. Insanely small circuitry. Now as for the CEO . . . I did not know that aspect of it, but . . . things can change between now and then. This will not happen overnight, so there is quite a bit of time for things to change multiple times while this Facility is built. Remember, we lost these types of Industries long ago, going to take time to get people back up to speed and trained on this - very High Tech. yes, I know. but the ceo of SOLYNDRA ? only now, during an election year when he is plummeting in the polls? Quote Link to comment Share on other sites More sharing options...
Reality Posted April 12 Report Share Posted April 12 TSMC is not a new company. TSMC was founded in 1987 and the first dedicated IC manufacturer. It is the world's leader and the largest semiconductor manufacturer. They manufacture chips for Apple, Texas Instruments, Intel, NXP, and a host of others. They have a market cap value of something in the neighborhood of 640B dollars. Their stock on the NYSE trades at the $140 range. https://www.tsmc.com/english/aboutTSMC/company_profile https://www.tweaktown.com/news/97471/tsmcs-revolutionary-chip-tech-for-apple-iphones-hit-projected-timelines/index.html Harrison is not president of TSMC. He is president and SVP of TSMC Arizona, which is a subsidiary of TSMC. He has been in the president of TSMC Arizona roll for over a year, and an SVP for the last 3.5 years. The government isn't giving him the money. They are giving it to TSMC in reality. https://www.tsmc.com/static/abouttsmcaz/index.htm https://pr.tsmc.com/english/news/3122 https://www.taipeitimes.com/News/biz/archives/2023/04/03/2003797197 Quote Link to comment Share on other sites More sharing options...
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