The Biden administration announced nearly $20 billion to boost computer chip production in the U.S. The funding will be used to build and expand plants in four different states.
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#Biden #ComputerChips #Technology
Voters,, boarder alone should be enough to vote Biden out, but economy energy police woke and foreign policies and no common sense, should really help you make the right decision. Vote Biden and dems out they have done enough to destry our country
I really hope most Republicans don’t type like 7 year olds.
*THANK YOU JOE BIDEN !*
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
🇺🇸🇺🇸 *BIDEN / HARRIS ’24* 🇺🇸🇺🇸
“NO OTHER PRESIDENT IN OUR HISTORY HAS EVER BOWED DOWN TO A RUSSIAN DICTATOR”
“LET ME SAY THIS AS CLEARLY AS I CAN: I NEVER WILL”
*~ #46 JOE BIDEN* 🇺🇸🇺🇸
“No punishment, in my opinion, is too great for the Man, who can build ‘his greatness upon his Country’s ruin.’” — George Washington
*CHUMP20TOLIFE* 🇺🇸🇺🇸 *FDT ! FDT ! FDT !*
biden is a domestic terrorist and his administration is just alike
Funny think is, out of the 20 billion 18 billion will go in the front door, washed and then laundered back to the scums
Cant eat a computer chip
NOPE BUT HAVING THEM READILY AVAILABLE HELPS CAR PRODUCTION WHICH WAS TIED UP BY A LACK OF THESE… DUH
Majority of the Computer chip production occurs in Taiwan by TSMC. During the pandemic, it impacted chip inventory around the world. TSMC is investing in arizona with their new Fab being built. Having Both Intel and TSMC producing chips in USA will help in the event of another pandemic or if china decides to invade Taiwan.
Considering that you’re posting a comment on YouTube, you have a PC & smartphone. Most chips in both are made by TSMC bc TSMC surpassed Intel 7 years ago!
OH MY!
What is a conservative to think??
Welfare for corporation: Check!
Bring manufacturing jobs to the US: Check!
Biden did it?
We HATE IT!!!
My taxes are paying for this? Grants and tax credits for chips companies?
Right now we do not produce any Chips in the USA. The world primarily relies on Taiwan. All this investment is result of the chip shortages that impacted the world for several years during pandemic.
Your tax dollars are going into the American economy which in turn WILL HELP YOU.
This is why the younger generation doesn’t work a 9 to 5, instead they are selling rock and robbing. I guess crime does pay
NOT ENOUGH CHIPS FOR CAR MANUFACTURING – DUH !
Lol right. Guys, give up your money. Politician’s spending of your money is so great that it’s better than you spending the $ you’ve worked for @@linx7130
Worried about Taiwan and South Korea?
……actually, I believe that companies from both of those countries are part of the new projects in Arizona.
better call inverse cramer
Let me guess. The chips are not Russian but the computer is
The real News story NBC should be covering is why NBC refuses to cover Trump’s obvious slide into dementia—as indicated by the large number of physician signatures on a petition describing Trump’s cognitive decline.
NBC won’t cover this News presented by concerned doctors, but ran for months with nothing more than GOP talking points, lies, exaggerations and propaganda regarding Biden’s age.
Why NBC? Care to explain to your viewers. And to America? Because whether you like it or not, this is going to be the News; why the News—American mainstream media, including NBC—is giving Trump a pass, while turning on Biden every chance they get. And downplaying the Biden administration’s obvious accomplishments.
So Biden is working to improve Americans while Republicans are still having hearing on the so-called Biden impeachment.
Taxpayers money to a company that makes billions in profits! I thought Democrats didn’t like corporate welfare ?? More crappy policies in election year! He sid nothing till election year
This is not right, they give them a billion, give it to the people that need it. It’s not like they can raise the money themselves other companies do it Once again we waste our money. Yeah created 30,000 jobs and in a couple years Intel laid off 30,000 employees.
THERE HAS BEEN A DELAY IN CAR PRODUCTION DUE TO THE DEMAND BUT LACK OF SUPPLY OF THESE CHIPS – D U H
@@drumtwo4seven Your caps lock key is stuck. It’s the big key next to the letter “A”.
How sure are you about that?… I don’t think intel makes that kind of chip. @@drumtwo4seven
@@drumtwo4sevenThey can get the money themselves not the government.
People that watch Fox News hate this even if it does eliminate reliance on China which wouldnt be ideal in a war. They do because Biden got it done. Like Trump blocking the border bill that GOP signed off on previously and even wrote most of. being proof they dont care about the country. Trump’s literally trying to sell military secrets already. lmagine if he got back in. l pray we find out what blackmail Putin has on him but lm sure it was from his 2013 stay in Moscow with his ‘Miss Teen Universe’ pageant w/o Melonoma.
Corporate welfare. Government should be giving tax omissions and office space to startups and their investors to replicate TSMC and ARM domestically. Not reward an ailing unrepentant loser like Intel. Government should not be picking winners and losers.
Sounds like U.S. & China cut deal for Taiwan becoming apart of China again 🥸
Thought it was $8 billion.
12 billion to zelensky…probably
Where does Biden get all this money?
Your tax dollars
@@O6iauthoritarian regime can possibly print money endlessly !
lol Biden is the President so he has access to government money. It’s not a blank check but almost.
From your paycheck
from your paycheck every week and every time you spend money and twice per year on tax returns and property taxes
It’s no wonder inflation is out of control.
THAT’S BECAUSE YOU LISTEN TO CHUMP. THERE HAS BEEN A DELAY IN CAR PRODUCTION DUE TO THE DEMAND BUT LACK OF SUPPLY OF THESE CHIPS – D U H
@@drumtwo4seven Watch what happens to car prices now, Einstein. BTW, your caps lock key is stuck. It’s the big key next to the letter “A”.
Actually the chips act provided 52.7 billion spread over 5 years 2 years ago. They never received any money and the manufacturers delayed construction. This 20 billion is now being given to them and Joey is making a big deal out of it for his campaign.
Misleading headline. U.S. taxpayers gave them the money. The White house is ours, too. I expect a return on this investment. To the people, to be clear. Pay more, buy American parts. Whatever. I want to see this cash work, or as an example of what not to do.
Made in America? Like Boeing? Made in America means expensive & crappy? Why are most engineers & scientists in US from other nations? BC Americans don’t pursue STEM jobs!
Smh are they sharing profits with the US taxpayers?
yes go invest into their stocks youll be making money while asleep
@daleprange its tax credit ya clown
@daleprange its tax credits. pay your tax if you want same treatment. 😂😂😂 companies pay billions in taxes and hire millions of people. how much tax do YOU pay and who do YOU hire.
So are the prices going to go up…again?
More Bidenflation.
actually they’ll go DOWN because there are less costs incurred with manufacturing chips in the us
@@arandomguy46 What planet do you live on? 🤣🤣🤣🤣🤣🤣
@@morrismonet3554earth, where importing these chips is costing Americans every single day.
@@stlsensimilla They went overseas because it was cheaper, Einstein.
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how about Nvidia?
What about them, why would they need a government grant.
Wait… thought Pelosi already did this ? (Oh yeah forgot democrats lost it with their SVB and signature bank collapses)
My stock portfolio is mostly semiconductors and even I don’t think the government should be giving money to billion dollar companies.
Absolutely has to be the worst president ever in all of time in America! What a joke
AMD is not getting any?
Amd aint american, son
@@hangenderAmd is founded and based in the Silicon Valley, so is Nvidia.
@@EASYED27its chips act. if they want it they need to apply for it. why arent they then hm???
Nancy Pelosi is gonna be pumped, she’ll probably 50x with that insider trading
Figures, I retired from clean rooms in 2020, also keep in mind , no water; no chips
Money is to help the CEO pay his “fair share” of taxes. LOL
Did the “big guy” demand his cut, and Peolsi?
The non-inbred questions to ask are 1) Why is government subsidizing Intel? and 2) Is Intel actually going to use the money for the intended purpose, unlike Foxconn in Wisconsin?
Pelosi coincidentally loaded up on Intel shares a couple days ago.
What happened to the $95 billion for Israel and Ukraine aid, military industrial complex first, stock dividends for shareholders first it trickles down
Who cares about those countries. I’m more concerned about hawaii
Mark of the Beast
So what?
He should have invested in U.S. businesses since the beginning instead of investing in a war, he’s basically leaving office already, ohh but I bet that he’s sons businesses out in Ukraine got taken care of…just saying…
“we gotta tax these corporations….and give’em 20 billion dollars”
lol they hardly get tax, like General Electric who made $23 billion dollars last year and didn’t pay taxes.
Here’s the deal corporations have to pay their fair share. And I mean this.
@EASYED27 not a joke
You tax so you can do things like this: buy our national security via shoring up production
@@TheNondiscriminatory so you support him increasing the corp. tax to 21%?
They can get a Billion from Trump…😮
The U.S. had a microchip industry developed by Morris Chang, when he worked for Texas Instrument. Then the old spector of ethinic discrimination raised it ugly head and Morris Chang was passed over for a vice-presidency and then was recruited to work in Taiwan, and developed the largest microchip company in the world, TSMC.
Biden administration works for government to provide good paying jobs. Businesses then raise prices screwing consumers. It’s the businesses who are culpable.
How else are you going to chip 8 billion people? Create a giant chip company 😂
Cue the inbred conspiracy theories.
They’re literally chipping ppl already lol and it’s still a conspiracy? you’re a nice little sheep who stays in his place
What about all the people living in the streets how can you sleep at night 20 billion 😢😢😢😢😢😢 we are going in the wrong direction this is bad news I cry every day 💔😭😭 please help us GoD please help the homeless people before big co.s
I mean there’s no way we can house all of these homeless without loosening our zoning laws to make it easier to build more housing. Otherwise, we can spend the money all we want on solving homelessness, but it’ll get snarled in bureaucracy and be gobbled up by unscrupulous nonprofits who overcharge the government and don’t actually give the homeless the resources to get out of poverty, And the resulting help will arrive too little, too late.
And zoning laws are something we should all focus on on the local level, where we actually have power.
They don’t give big money campaign donations.
No water boy there goes the few feet we got back in lake Powell.
Intel has leadership problems. They turned down Apple to produce chips for the iPhone, “We don’t see a future in mobile.” They also didn’t see a future in AI and let Nvidia dominate the market. Microsoft is also working on their own ARM chips. Their days are numbered.
Or they probably knew what is useful and what is useless
Too bad it’s only intel
Intel does $15b in stock buybacks and $5b in executive compensation 😂
😂 Exactly why stock buybacks should be a illegal.
I guess theres intel, no pun intended, that attacks on Tawain are imminent.
Isn’t this corporate welfare
@jeffebe kinda like Tesla tax credit? 😂😂😂
Tesla cars are overrated junk with exploding batteries
CPU Discrete Transistors
ALU
Adder
Subtractor
Multiplier
Divider
Comparator
Multiplexer
Demultiplexer
Encoder
Decoder
I was wondering where I put on my tax form where I agreed to this?
Theyll print new money for this.
I see a ton of corruption
GIVING MONEY TO BILLION AIRES.. WIERD
For free?
It will fail just like every other government project.
Good spenditure !
America First !
MAKE AMERICA GREAT AGAIN !
I wholeheartedly agree with bringing chip manufacturing back to the States but I also wholeheartedly disagree with giving ANY corporation ANY tax break(s) and loan(s) and grant(s) to do so. They are DUTY BOUND to invest in the country that gave them the FREEDOM to earn so much money in the first place. #USA, #America
To be fair, they didn’t grant them much and now you have tsmc and Samsung leading manufacturing. With fabless amd nvidia leading the design. USA manufacturing is on a steep decline from all industry WITH tax breaks and loan and grants.
*stocks goes up 2 pennies*
Uh oh here come the conspiracy idiots too dumb to realize theyre talking about computer chips, not ones implanted in your rectum.
Thank you president biden
Intel make your chips in America or we will put a 500% tariff on every single chip that comes over from China.
20 Billion for computer chips!??😅🤣😂 For piece of plastic twenty billion😆😅 Money laundering for sure
NBC ‘ NEWS’ HEADQUARTERS HAS ROOM FOR COTS!
RESERVE YOURS NOW!
The democratic party is the party of science, technology, future cities that run on clean energy, peace love and happiness is all around. Anti war hippies with a rocken soul for some hemp!
Biden thought they were talking about potato chips when he signed off on this one.
People are hungry bro
I need a billion for my art gallery. Where do I sign up?
Rugged individualism for the rest of us socialized corporations for them. I thought the stock market is where business was supposed to raise capital for investment? Not the tax payers. Every bipartisan bill that passes is a corporate give away. This is why we can’t have nice things in American. Politicians return on investment.
Not that this isn’t a much needed investment, but I can’t help but think this money would be better invested into lots of small locally owned businesses in America that aren’t owned by billionaires like Intel.
$20 billion in U.S. taxpayers dollars given to Intel to make artificial intelligence chips so they can get control of US citizens.
I see, good move from Biden, he is getting ready for the future. In case we lose diplomatic relations with Taiwan, (Because they are the number one chip manufacturers) we have a back up, not bad, but there is more important things at hand!
As soon as its built we need to think of ways to outsource it to increase margins
Skynet
Yayyy chips
It’s crazy how much money the taxpayers are paying to ultimately support other countries from invasion as our borders are left wide open and fought to stay that way, and now on computer chips!?!
CLEARLY these computers and everythjng associated with them are NOT making our cost of living go down, or the amount of time most people are required to work to support their families! And furthermore, they are allowing us to be attacked much easier and our personal information to be shared and used against us far easier than before computers!
So, why are we about to spend over $2 BILLION dollars on MORE computer chips?
We have people dying daily from lack of food, water, shelter, medical attention and Healthcare. All this money should be going to this who are suffering, not spent on technology that isn’t being used to better our community or help those who need it!
End of small businesses is death to economy
This is Huge for America 🇺🇸 👏
Dems industrial policy rewards Intel $20B for poaching employees and screwing up, last 10 yrs, losing mkt share in smartphones, not recognizing discrete GPU potential, letting Nvidia capture the AI market and Mfg delays driving its partners to AMD chips. Their bailout’s the Biden/Summers law.
And intel is going to pay that back plus interest to the tax payers correct? Because people for decades at intel will take in large salaries while we pay more and more taxes for company buyouts or buyouts on bad policies
It’s Bidens friends that pushed for NAFTA. It’s their policies that forced production out of America. It’s their bad policies that allow these companies like Apple etc to produce products with the cheapest labor while charging customers outrageous numbers for products.
Be kind of hard to manufacture all this with Biden’s new emission laws.
FACT: At this very moment..in Pueblo Colorado they are shutting down US STEAL. Why? Because big factories produce lots of air exhaust. Biden wants all E energy.
how corrupt. $20B of our tax money gifted to a wealthy company. What exactly is Biden and the DEM party getting out of this? Donations by or for wealthy businesses and crony unions and contractors to DEMS. And woke set aside programs. True rot.
each one good at different things