• macniel@feddit.org
    link
    fedilink
    arrow-up
    41
    ·
    2 months ago

    but but… Orange men said it was good for the economy, now I have to pay 2000 Dollars for a 5090? Why aren’t they coming to America and produce here!?

        • AppleTea@lemmy.zip
          link
          fedilink
          arrow-up
          6
          ·
          2 months ago

          I know these things take time, but it’s really hard not to be skeptical of CHIPS amounting to much. It reminds me too much of all the grant money given to telecom companies like AT&T and Verizon - supposed to be for improving infrastructure and implementing 5G, but they just pocketed the money as profit.

        • sp3ctr4l@lemmy.zip
          link
          fedilink
          arrow-up
          21
          ·
          2 months ago

          Its a pretty strategically and economically impactful piece of legislation pushed by, and then signed into law, by Biden, in 2022.

          It basically sets up a bunch of tax incentives and funds to go toward building out domestic computer hardware research and manufacturing.

          Its the kind of thing that would lay the foundation for the US building a lot more of its own computer hardware, instead of importing it.

          So when the Trump tariff apocalypse hits… assuming the CHIPS Act does not get repealed, it will be the only saving grace in terms of possibly lowering computer hardware costs.

          Trump and Republicans are likely to try and take credit for this, if domestic chip fabs start coming online before 2028, pretending it is something they came up with.