Reply to post: True Colors

Intel’s CEO shouldn’t be surprised America can’t get CHIPS Act together

Justin Pasher

True Colors

The CEO and other industry leaders have rightfully pointed out multiple times that too much of the world's semiconductor manufacturing output is concentrated in Asia now and that the US would be wise to build fabs to create a more balanced global supply chain.

He acknowledges that too much manufacturing dependency is concentrated in Asia (which is correct) and then says it would be wise for the US to build fabs. But of course he doesn't mean INTEL should foot the bill for that. They only feel compelled to help if the taxpayers give them a bunch of money to accomplish that. It just shows that they don't really care about getting more local manufacturing; they just do what best supports their bottom line. Granted, this is the nature of capitalism, but please don't try to act like you're some white knight trying to save the country and economy in an altruistic way.

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