That’s not the point of the chips act it’s to nearshore fabs. | Hacker News

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		zitterbewegung on March 20, 2024 \| parent \| context \| favorite \| on: Intel to Receive $8.5B in Grants to Build Chip Pla... That’s not the point of the chips act it’s to nearshore fabs.

cowpig on March 20, 2024 [–]

I think the parent is implying that the government would be better-off subsidizing the startup space or something else, rather than propping up a large incumbent that is failing.

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