€43 billion in subsidies
Yes, I know that semiconductor fabs are immensely expensive and that we now have to ensure that when China invades Taiwan it will not cut us off from our silicon perfusion.
With that in mind, it still seems to me that money attracts money. None of those billions are going to go to a chip fab startup. It'll all be Intel, TSMC etc, in other words, it'll all go to companies who are already valued in the hundreds of billions.
You want to take advantage of this opportunity to start in the semiconductor business ? We like your gusto, kid. Why don't you start with a hot dog stand in New York ? Call us back in 20 years, we'll see what we can do.
Biting the hand that feeds IT
