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TSMC and Trump announce $100 billion investment in the US, including three fabs

⁨128⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨year⁩ ago⁩ by ⁨misk@sopuli.xyz⁩ to ⁨technology@lemmy.world⁩

https://www.tomshardware.com/tech-industry/tsmc-and-trump-announce-usd100-billion-investment-in-the-us-including-three-fabs

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  • SnotFlickerman@lemmy.blahaj.zone ⁨1⁩ ⁨year⁩ ago

    Foxconn mostly abandons $10 billion Wisconsin project touted by Trump

    Published Wed, Apr 21 2021 5:46 AM EDT | Updated Tue, Sep 13 2022 7:00 PM EDT

    cnbc.com/…/foxconn-mostly-abandons-10-billion-wis…

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    • BigDiction@lemmy.world ⁨1⁩ ⁨year⁩ ago

      en.wikipedia.org/…/Wisconn_Valley_Science_and_Tec…

      Went down the hole, part of it soon to become a Microsoft data center. Makes sense when you have access to a shit ton of fresh water.

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  • Taco2112@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Just look up Foxconn in Wisconsin if you want a preview of what’s to come.

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    • misk@sopuli.xyz ⁨1⁩ ⁨year⁩ ago

      Or TSMC 4nm fab in Arizona, a complete failure obviously.

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      • apfelwoiSchoppen@lemmy.world ⁨1⁩ ⁨year⁩ ago

        tomshardware.com/…/tsmcs-arizona-fab-21-is-alread…

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        • -> View More Comments
  • singletona@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Much like he gave concessions with canada basically telling him what they were already agreeing to as if it were a new thing, is this repackaging something Biden did and trump wanting a fucking cookie for?

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    • entropicdrift@lemmy.sdf.org ⁨1⁩ ⁨year⁩ ago

      More or less. It’s the CHIPS act

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      • singletona@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Figured Trump was going to wait til closer to the midterms to start taking credit for that. Guess he’s desperate enough to not wait for it to actually start paying out.

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  • wewbull@feddit.uk ⁨1⁩ ⁨year⁩ ago

    I doubt Trump will be alive when those fabs come online. It takes years. In the meantime he’ll place tariffs on technology imports without having the alternative domestic production.

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    • werefreeatlast@lemmy.world ⁨1⁩ ⁨year⁩ ago

      I’ve lived thru some of the madness for 15 years. You are totally right on the money. Orange fart face will be a stain in a box long before anything comes out of a fan anywhere. He’s got nothing to lose promising stuff though.

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  • ghewl@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Common corporate tactic. Company pledges to invest billions in new this or that. Years later project is abandoned due to unforeseen delays.

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    • rottingleaf@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Likely this, and those 100bln are a lot for the right people involved in the tremendous effort that will unfortunately fail, but you never know

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  • db2@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Fuck that guy and everyone that attaches to him.

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  • SatansMaggotyCumFart@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Is this so he can give China his blessing to take Taiwan?

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  • THX1138@lemmy.ml ⁨1⁩ ⁨year⁩ ago

    So bankrupt and abandoned in a few years? Gotcha.

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  • Deello@lemm.ee ⁨1⁩ ⁨year⁩ ago

    Assuming this actually leads to anything and we now have a functional US fab, wouldn’t this be the dawn of the $5,000 iPhone SE?

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    • entropicdrift@lemmy.sdf.org ⁨1⁩ ⁨year⁩ ago

      TSMC already has a functioning US fab

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  • spankmonkey@lemmy.world ⁨1⁩ ⁨year⁩ ago

    I thought the government didn’t have any money!

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