https://thehill.com/ So here we go. At some point China will take over the 3 nanometer chip industry while America stuffed our own effort so full of DEI pork, it cannot move. Intel is building out of the country in Israel and Poland and taking it chances with Russian and Ha as attacks rather than American DEI. The CHIPS Act currently is a jobs program for favored minorities that excludes white and Asian men already trained in the field. Sadly, most DEI candidates lack "the right stuff" to do the job, but that doesn't matter. Most importantly: "This is the stuff declining empires are made of. As America pursues national security by building a diverse workforce, China does it by building warships."
Trump letting foreign companies set up shop here caused this, Trump is selling us out.... looks like just made a deal over tiktok too
As typical, all the BS from the Left is hurting and threatening America's national security and economic position. In the event of a future big conflict with China, this could easily throw a roadblock into America's economy, with huge supply chain interruption, setting America back by a decade. And it seems every time Democrats want to pass a huge spending bill, the reality is that it's filled with funding for all sorts of pet projects and things that align with the progressive ideological agenda. How much of this massive spending in taxpayer money is actually trickling down to real investments in technology and infrastructure?
US sanctions driving China chip investment splurge https://asiatimes.com/2024/03/us-sanctions-driving-china-chip-investment-splurge/ China is planning to spend three times as much as the $52.7 billion CHIPS Act to build out a semiconductor industry free from US technology. Meanwhile, the Dutch, Germans and Japanese are reluctant to limit exports to China because they don't want China to focus on bypassing their flagship corporations in the capital equipment and supplies businesses.
it started with Bush Bush even wanted to outsource US Port security overseas https://www.nbcnews.com/id/wbna11474440 "President Bush on Tuesday endorsed the deal permitting a United Arab Emirates company to take over six major U.S. seaports, and threatened to veto legislation that would block it."
They don't have the tech and Norway won't sell it to them. By the time China is manufacturing today's chips the will be 10 year old technology. Kinda like the chips they are producing now.
How Toxic Is DEI? These Companies Are Turning Down Billions in Free Money to Avoid It 'If you had the opportunity to take a few billion dollars in free money from Presidentish Joe Biden but the catch is that your company would have to embrace the administration's DEI policies, what would you do? If you're a chipmaking giant like Intel, Samsung, or Taiwan Semi, then the answer is increasingly obvious.'
