CHIPS Act dies because employees are fired - NIST CHIPS people are probationary

[usonian]

https://semiwiki.com/semiconductor-services/semiconductor-advisors/353373-chips-act-dies-because-employees-are-fired-nist-chips-people-are-probationary/

Added to my "Economic Disaster Du Jour" OP
https://www.democraticunderground.com/111699331

This is a BFD.
Why?

The cuts come at a time when the U.S. is looking to lead in AI development and stave off competition from China

Tariffs instead of CHIPS Act
Trump made it clear over the last few days that he will institute 25% tariffs on imported semiconductor devices, so it obvious that strategy is shifting from incentivizing US chip production to penalizing imports instead.

We don’t think that the administration has fully thought through all the ramifications as 100% of AI chips are imported from Taiwan and an increasing number of Intel chips are imported along with 100% of AMD and all other TSMC customers and the vast majority of memory chips…well over 80% of chips are foreign made.

We think this is more than a negotiating stance
We don’t think these actions are a bluff nor a negotiating tactic, its a complete change of course. Remember Taiwan “stole” the US chip industry

and we're fighting back by not building our own? Holy WTF?



WFE: Wafer fab equipment (WFE) is the market for specialized machines needed to fabricate semiconductor chips.

Verified by Bloomberg: https://archive.ph/V0www and Axios: https://archive.ph/wJ79A

[Walleye]

1. Where are the coequal branches of government who voted them this money? Is everybody a coward?

[doc03]

2. Will that affect the chips factory that is supposed to be built near

Columbus Ohio. Several thousand jobs at over $100k.

[usonian]

4. Depends on whether they were counting on CHIPS money.

My guess is yes, but only a guess.

Obviously chip manufacturing companies will slow spending on programs they previously thought they were getting CHIPS Act funding for if not cancel those projects outright.

If I were running a chip company I would not count on CHIPS Act funding even if I had a signed contract as its clearly not worth the paper its written on if NIST is eviscerated.

From the quoted article.

[bucolic_frolic]

3. So we will have less access to the latest chips from abroad

THAT's the way to get ahead. Use older technology, or none at all.