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US Govt's sluggish Chips Act payouts slam the breaks on Samsung's fab — company delays mass production at Texas fab to await further CHIPS funding

US Govt’s sluggish Chips Act payouts slam the breaks on Samsung’s fab — company delays mass production at Texas fab to await further CHIPS funding::Samsung’s Texas fab will be operational in 2024, but won’t have mass production capability until 2025 at the earliest.

fruitycoder ,

What?! Government is slow and picks winners and losers? Wild. /s

Honestly though looking through both the IRA and CHIPS acts I have a real concern that there is just so many faucets through so many pipes that not enough of the money will actually make it to wrench turners and hands on keyboards.

thisisawayoflife ,

Brayks

mvirts ,

“capitalism” 😅

PeachMan ,
@PeachMan@lemmy.world avatar

Title gore

CaptainSpaceman ,

AI prolly

dragontamer ,

PeachMan slams topic’s title using meme response about Samsung’s Fab delaying mass production at Texas fab awaiting further CHIPS funding.

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