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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]“The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing.

The incentives announced Thursday include $90 million to improve a plant in Colorado Springs, Colorado, and $72 million to expand a factory in Gresham, Oregon, the Commerce Department said. The investments would enable Microchip Technology Inc., which is based in Chandler, Arizona, to triple its domestic production and reduce its dependence on foreign factories.”
https://apnews.com/article/computer-chips-biden-commerce-microchip-technologies-f9f1984a1e524c33edc3d95e9da9d1b7[/quote]

Throwing money around is the easy part.

Showing it works is the hard one. Not a great track record at that I must say.[/quote]

So you are saying these companies are building these facilities and then they will...just stay dormant?[/quote]

Oh G-d. Were you born when Obama/ Biden threw tens of billions around to build a solar industry in the US, only for most firms, like Solyndra, to go bankrupt in less than 5 years?[/quote]

Uh sorry, it wasn't even remotely "most firms."  Solyndra was an anomaly.  Most firms succeeded and in fact the government got a net positive return on investment.  Turn off FOX News.  [/quote]
+1 The reason that RWNJs are still talking about Solyndra, and ONLY Solyndra, a decade+ later is that it was an anomaly. Another one of the companies that benefited from that program was Tesla, which right wingers seem to love now.[/quote]

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