Guno צְבִי (03-01-2021), Jack (03-01-2021)
Intel has failed to produce chips with less than 10 nm details, which leave two companies doing it: Taiwan Semiconductor Manufacturing Company, and Samsung. trump just did not think it was important that chips be made in America(he is not interested in small things).
The danger here for the world economy is these are both in war zones... Well, sort of war zones. The Korean War never officially ended, and in theory could always start up again. Nor did the Chinese Civil War officially end.
Even without a full war, there are severe shortages. Japan is arguing with South Korea, and stopping shipments of needed chemicals. Taiwan is arguing with China, and missing shipments. Recently car factories have been shut for lack of computer chips. Car computer chips are the lowest margin, so the first to be cut.
Guno צְבִי (03-01-2021), Jack (03-01-2021)
The gathering failure of Intel in some ways looks a lot like the failure at BOEING.....it is just shocking how fast and how badly America has rotted out.
This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.
BTW: Taiwan has a major water shortage going on, which might become a Big Fucking Deal for the chip makers.
This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.
Guno צְבִי (03-01-2021), Jack (03-01-2021)
When Intel nearly missed the bus back in the 1990's, Clinton did whatever it took to keep America still in the running. I remember him using the Air Force to fly emergency needed equipment to its fabricating facility.
trump did not see the importance of keeping Intel in the running.
Guno צְבִי (03-01-2021)
Embracing isolationism without the capability of comprehensive independence tends to cause problems.
Who could ever foresee that?
Patriotism is the last refuge of a scoundrel. Samuel Johnson, 1775
Religion....is the opiate of the people. Karl Marx, 1848
Freedom's just another word for nothin' left to lose. Kris Kristofferson, 1969
Guno צְבִי (03-01-2021), ThatOwlWoman (03-01-2021)
Guno צְבִי (03-01-2021)
Another good reason for people to follow me and buy some Micron! Pump up my price baby!
"Strategic Industries and Economic Security"
https://www.bis.doc.gov/index.php/ot...-security-sies
The Trumptopians will probably call this 'Communism', but we need to start ramping this up. (Especially in the area of 5G)
Intel managements lack of competence is so far as I know a more recent problem. They are now considering outsourcing manufacturing because just like BOEING they have lost competence at building the product they sell. Like BOEING they have also lost competence at designing the products they sell as well.
This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.
They are both high development cost industries, where they need to invest almost everything from this generation to develop the next generation. If even one generation goes wrong, it is a disaster that they may not be able to come back from. Both have been extremely competent in every generation, but one... Which is going to kill both if we allow them to die. Then Europe will make our planes, and East Asia will make our computer chips.
And of course the Vulture Capitalists in the Republican Party will rejoice. They only see companies as having any worth along a horizon of a year or so, so high development cost industries are terrible for them. trump will also rejoice, because he likes industries that he can borrow a lot of money, and walk off with it. American workers will be worse off, and there will be far less paid in taxes... But that is also a boon for Republicans.
https://www.reuters.com/article/us-g...-idUSKBN2AV1QSGM extends production cuts due to chip shortage, Stellantis warns of lingering pain
GM said it would extend downtime at plants in Fairfax, Kansas, and Ingersoll, Ontario, to at least mid-April, and in San Luis Potosi, Mexico, through the end of March. In addition, it will idle its Gravatai plant in Sao Paulo, Brazil, in April and May.
The Detroit automaker had previously extended production cuts at three North American plants into mid-March and said vehicles at two other plants would only be partially built. Following Wednesday’s cuts, forecasting firm AutoForecast Solutions estimated GM could lose more than 216,000 units globally due to the shortage.
This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.
I tend To doubt that very many people know that China went from being concerned about keeping people employed, about the pressures this would put on the political system, to having a massive labor shortage because the factories are overloaded with orders Post Pandemic.
Also know that the American ports are overloaded, there are now routinely 40/50/60 ships waiting at sea to get into the Southern California ports...China and Asia has certainly won the Pandemic, and big!
That's the problem....too many Westerners with money and lots of time on their hands because they now either work from home and dont have commute time, or they dont work at all.
And they are buying all kinds of shit!
This illegal illegitimate regime that runs America is at fault...not me.... they do not represent me and I have long objected to their crimes against humanity.
Bookmarks