So much for TSMC’s Arizona expansion and Intel’s foundry plans.

This one really doesn't make sense if you actually want to MAGA, since advanced chips is a critical area for the US to maintain leadership. China is meanwhile pouring many $billions into catching up.

The Chinese can't believe their good luck. No need for them to do anything -- just let the US self-destruct.

A bit earlier including a NIST staffer weighing in: https://news.ycombinator.com/item?id=43106478

Probably an unpopular opinion, but defending Taiwan was always a bluff. Americans aren’t going to die en masse over some random island in the pacific. We will heavily sanction China and use economic tools, but we aren’t going to start World War 3 over some small island in the pacific.

Delete subsidy carrot, replace with tariff stick?

Trump is China and Russia's best asset.

Even more comically evil. Like just why dude, this doesn’t help anyone except your oligarch buddies.

Elon is making sure his enterprises have no competition for federal funds.

Fully expected, surprised it took this long.

IIRC, the funds went to mostly red states. So MAGA people, happy your guy came through for you again ?

I don’t get the doom and gloom, isn’t this just taking us back to before the CHIPS act, 2022? Weren’t we fine then?

It's not the business of the federal government to encourage or discourage investment in an industry. When it does subsidize investment, it often comes with strings attached that don't help the industry in the long run.