A look at Intel's $28B Ohio chip factory, the largest economic development project in Ohio's history, initially set for a 2025 opening but now delayed till 2030
Kris Maher / Wall Street Journal : Bluesky: @computing and @scottlincicome Bluesky: Dennis Lam / @computing : i am long INTC on the grounds that as a natural security matter, it will be forced to suc...
Some lawyers and bankers say the Intel deal may face legal challenges as the CHIPS Act may not allow the US government to convert grants into equity
and every American should be [video] Kelsey Piper / @kelseytuoc : @recurseparadox Congress can repeal the CHIPS act if they want to. (I think they shouldn't, but they could). But ‘Congress authorized ...
Source: Amazon plans to soon show how much President Trump's tariffs are adding to the price of each product, right next to its total listed price
Karoline Leavitt Calls It ‘Hostile’ Move Fox Business : White House calls Amazon tariff pricing display ‘hostile and political act’ Megan Ziegler / FOX 9 Minneapolis-St. Paul : Amazon tariff price rep...
Analysis: tech companies have pledged at least $1.4T in US spending since Trump was elected, although many of the plans aren't new and not all will be fulfilled
But if history is any guide, not all of it will materialize Scott Lincicome / @scottlincicome : There are more automotive factories in the US today than in 2015: — www.bloomberg.com/news/feature... ...
Source: TSMC is considering a controlling stake and fully operating Intel's US factories after a Trump team request, as Trump aims to boost US manufacturing
www.bloomberg.com/news/article... @cdmasterzang : Make Taiwan Great Again! X: Scott Lincicome / @scottlincicome : “Intel's foundry operation lost more than $13 billion on $17.5 billion in revenue last...
Electricians are flocking to regions around the US to build data centers, as AI shapes up to be an economy-bending force that creates boom towns
The rural region is changing fast as electricians from around the country plug the tech industry's new, giant data centers into its ample power supply. X: @scottlincicome and @barbariancap . Forums: S...
Sources paint a bleak picture for startup founders in China; IT Juzi report: only 1,202 startups were founded in the country in 2023 compared to 51,302 in 2018
Venture capital finance has dried up amid political and economic pressures, prompting a dramatic fall in new company formation X: @carnage4life , @tonytassell , @michaelxpettis , @eleanorolcott , @hsu...
Interviews with 12 TSMC staff detail ongoing culture clashes in Arizona, as well as Japan and Germany; about 50% of the 2,200 Phoenix workers came from Taiwan
The Taiwan Semiconductor Manufacturing Company facility in Phoenix.Cassidy Araiza for The New York Times X: @mazmhussain , @whatthebit , @bigmeaninternet , @steveashleyplus , and @scottlincicome . Lin...
The US, the EU, and other superpowers have funneled nearly $81B towards supporting chip companies, the first wave of ~$380B earmarked by global governments
of almost $380b planned — toward the race for chip supremacy, escalating a global showdown with China Here's a gift link to today's Big Take: https://www.bloomberg.com/... [image] Scott Lincicome / @s...
Analysis: 126 companies have cancelled or suspended IPO applications on Shanghai's tech-focused Star Market in 2023, more than the previous four years combined
Policy reversal leads to record number of listing applications pulled this year from tech-focused Star Market X: @michaelxpettis , @raywangtaiwan , @michaelxpettis , @michaelxpettis , @tanarrowz , and...