I feel sorry for any startups looking to innovate in this space. It's hard enough competing against established players without them getting billions in free money.
Intel has had the resources to build out fabs in the US for decades. Instead, they've chosen to build elsewhere, and now they're rewarded for it?
They recently announced their $20b facility in Ohio is being "put on hold":
Intel has had the resources to build out fabs in the US for decades. Instead, they've chosen to build elsewhere, and now they're rewarded for it?
They recently announced their $20b facility in Ohio is being "put on hold":
https://www.tweaktown.com/news/96969/intel-delays-launch-of-...
While at nearly the same time announcing a $25b facility in Israel:
https://www.cnn.com/2023/12/26/tech/intel-israel-investment/...