Biden to signs CHIPS Act (boosts U.S. semiconductor chip production, competes with China's chip production, STEM education and science) at 10 a.m. Eastern today

[SaysWho?]

Biden to sign bill to boost U.S. chips, compete with China

WWW.REUTERS.COM

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President Joe Biden on Tuesday will sign a bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.

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The White House said the bill's passage was spurring new chip investments. It noted that Qualcomm (QCOM.O) Monday had agreed to buy an additional $4.2 billion in semiconductor chips from GlobalFoundries's (GFS.O) New York factory, bringing its total commitment to $7.4 billion in purchases through 2028. 

 

The White House also said Micron was announcing a $40 billion investment in memory chip manufacturing, which would boost U.S. market share from 2% to 10%.

 

 

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The legislation aims to alleviate a persistent shortage that has affected everything from cars, weapons, washing machines and video games. Thousands of cars and trucks remain parked in southeast Michigan awaiting chips as the shortage continues to impact automakers.

 

A rare major foray into U.S. industrial policy, the bill also includes a 25% investment tax credit for chip plants, estimated to be worth $24 billion.

 

 

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The legislation authorizes $200 billion over 10 years to boost U.S. scientific research to better compete with China. Congress would still need to pass separate appropriations legislation to fund those investments.

 

China had lobbied against the semiconductor bill. The Chinese Embassy in Washington said China "firmly opposed" it, calling it reminiscent of a "Cold War mentality."

 

 

It also puts money into STEM and the National Science Foundation.

 

The science part of the CHIPS and Science Act - Marketplace

WWW.MARKETPLACE.ORG

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The National Science Foundation could receive $81 billion over five years, boosting innovation and talent development, its director says.

 

[SaysWho?]

 

[TwinIon]

I'm often not a fan of big corporate welfare type deals, but I'm mostly ok with this one. The amount being spent isn't even enough to keep up with TSMC alone, so it's not like this will suddenly make the US a global leader, but it should hopefully add some additional competition and geographic diversification to the industry. Plus, while I know it'll take years before we see any results of this, the far downstream effects should be good for any number of industries.

[Remarkableriots]

Biden administration says New Hampshire computer chip plant the first to get funding from CHIPS law

APNEWS.COM

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The Biden administration is announcing the first allocation of incentives from last year’s bipartisan CHIPS and Science Act.

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The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.

 

[Nokra]

Let's gooooo Intel! 

[TUFKAK]

Smells like top down economics to me!

face_chud

Yeah going old school

[Derek]

Biden's just happy with all the new jobs he created at Frito-Lay.

[Chris-]

Biden has big plans for semiconductors. But there's a big hole: not enough workers

WWW.NPR.ORG

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President Biden has $52.7 billion to invest in U.S. semiconductor manufacturing plants. But there's a big shortfall in workers for the new jobs.

 

 

This article gives a good look at what the investment looks like on the ground.

[Bacon]

[Mr.Vic20]

I'm happy for the prospect of American manufacturing, but I know this will start to have an impact on the available skilled labor pool when it finally gets rolling. It will be interesting to see  how the work force development for these efforts plays out and of course, union response. 

[SuperSpreader]

Companies are gonna have to start offering healthcare and pensions again. 

[unogueen]

Maybe them rednecks screaming about jerbs can make some money building the infrastructure and get themselves into cuhlej

[69los]

[Uaarkson]

2 hours ago, unogueen said:

Maybe them rednecks screaming about jerbs can make some money building the infrastructure and get themselves into cuhlej

You ALMOST made a comprehensible post dude! Right until the last word!

[unogueen]

kewlege

[Mr.Vic20]

21 minutes ago, unogueen said:

kewlege

Calvin? 

[unogueen]

But I hate robots?

[Remarkableriots]

@Mr.Vic20 I've tried to figure out what new plants are being built to increase production of GPUs and advanced CPUs, but it gets confusing. It seems like some of the production issues are related to not having enough skilled workers, so increasing production doesn't seem possible?

‘They would not listen to us’: inside Arizona’s troubled chip plant | Business | The Guardian

WWW.GOOGLE.COM

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Taiwanese microchip manufacturer TSMC blames struggle to build Phoenix plant on skilled labor shortage but workers cite disorganization and safety concerns

 

[Remarkableriots]

Purdue’s semiconductor innovation ecosystem grows with CHIPS-funded, Indiana-led semiconductor hub and with upcoming summit

WWW.PURDUE.EDU

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Purdue University continues building momentum as America’s leading university in semiconductors, with a broad range of updates this fall semester.

It seems like they don't have enough homes for the increased number of students at Purdue and workers for the new plant.

[SaysWho?]

46 minutes ago, Remarkableriots said:

@Mr.Vic20 I've tried to figure out what new plants are being built to increase production of GPUs and advanced CPUs, but it gets confusing. It seems like some of the production issues are related to not having enough skilled workers, so increasing production doesn't seem possible?

‘They would not listen to us’: inside Arizona’s troubled chip plant | Business | The Guardian

WWW.GOOGLE.COM

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Taiwanese microchip manufacturer TSMC blames struggle to build Phoenix plant on skilled labor shortage but workers cite disorganization and safety concerns

 

 

Right now, there are many negotiations taking place to make sure the federal money is spent smartly. New Hampshire just got some good news:

 

BAE Systems' New Hampshire computer chip plant the first to get funding from CHIPS law

WWW.CNBC.COM

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The Biden administration said Monday it would provide $35 million to BAE Systems to increase production at a New Hampshire factory making computer chips.

 

 

New York planning for semiconductor boom:

 

New York Plans to Invest $1 Billion to Expand Chip Research - The New York Times

WWW.NYTIMES.COM

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The move is aimed at drawing $9 billion in corporate investment, as New York jockeys to host a new national semiconductor technology center.

 

[unogueen]

How much of CHIPS contributes to all drone warfare?

[Kal-El814]

Get on my level, Biden, you fucking scrub.

 

[finaljedi]

7 hours ago, Remarkableriots said:

@Mr.Vic20 I've tried to figure out what new plants are being built to increase production of GPUs and advanced CPUs, but it gets confusing. It seems like some of the production issues are related to not having enough skilled workers, so increasing production doesn't seem possible?

‘They would not listen to us’: inside Arizona’s troubled chip plant | Business | The Guardian

WWW.GOOGLE.COM

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Taiwanese microchip manufacturer TSMC blames struggle to build Phoenix plant on skilled labor shortage but workers cite disorganization and safety concerns

 

 

I remember reading a while back that TSMC had shit pay and steep work requirements that put a lot of qualified candidates off.  Like the pay wasn't great, they had to spend a few months in Taiwan in training, that their work culture is a bit brutal.  So with the business growing in the US qualified candidates will just take jobs elsewhere.

 

Whenever a company complains about the shortage of qualified candidates it's almost always the shortage of qualified candidates that will put up with them as an employer.

 

I just got shot down for a new job after going through months of interviews and finally being told by the recruiter that I'm more or less the only candidate they're considering and to expect an offer after some bureaucratic issues are sorted.  Got called last week and told that an executive decided to adjust the requirements to require this specific experience that has a learning curve of about 2 hours for someone with the experience I have, that I was no longer being considered for that reason.  I got on LinkedIn and saw that a temp agency had posted the same description I'd just gone through the process for at $20,000 less a year on 6 month contract.

[Remarkableriots]

6 hours ago, unogueen said:

How much of CHIPS contributes to all drone warfare?

[Brick]

[unogueen]

1 hour ago, Remarkableriots said:

 

Sorry for mocking you dude.

[Remarkableriots]

Samsung plans to eliminate humans from its chip fabs by 2030 — push for full automation continues at full steam: Report | Tom's Hardware

WWW.TOMSHARDWARE.COM

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Fully automated chip fabs may be here sooner than we think.

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Samsung's ultimate goal is to have fully unmanned semiconductor production facilities by 2030. Achieving this will require developing systems that can manage large amounts of data and optimize equipment performance automatically. The Smart Sensing System is an important part of this plan and is expected to play a crucial role in making these intelligent, fully automated fabs a reality. Samsung is currently investing tens of millions of won into projects like smart sensors, hoping that its investments will pay off in the long run. 

The smart sensors currently under development are designed to measure the uniformity of plasma on wafers. This is crucial as the outcomes of processes such as etching, deposition, and cleaning in semiconductor manufacturing are significantly influenced by plasma uniformity, which is why accurate measurement and management of this aspect are essential. 

 

[Remarkableriots]

U.S. chip fab construction is among the slowest in the world -- a complex web of regulations is to blame according to study | Tom's Hardware

WWW.TOMSHARDWARE.COM

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It's kind of a mess.

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A report from the Center for Security and Emerging Technology (CSET) concludes that U.S. fab construction is among the slowest in the entire world, and it's because of messy and complex regulatory policies (via Dylan Patel). The report concludes that the CHIPS Act isn't enough to improve fab construction regarding cost and time, and suggests reform at all levels of government is necessary to get the U.S. on par with China, Europe, and Taiwan.

 

The vital issue for fab construction in the U.S. is regulation, according to the report, which notes it is "beneficial to the general public but present tradeoffs for semiconductor manufacturers" and describes it as "arcane." The study doesn't recommend scrapping regulation entirely, but instead suggests removing redundant rules and carving out exceptions for the semiconductor industry.

 

The findings aren't surprising, as many high-profile fabs have missed their original targets for production. TSMC's Fab 21 in Arizona recently added a one-year delay, Intel's Ohio fabs are apparently slipping from 2025 to late 2026, and Samsung delayed a Texas-based foundry to 2025 due to not receiving its CHIPS Act funds. 

https://www.eetimes.com/chips-are-a-national-security-issue-is-the-chips-act-enough/

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Another critical priority which cannot be overlooked is the impending skilled-worker shortage. Recent estimates indicate the U.S. semiconductor industry is on track to face a shortfall of 300,000 engineers and 90,000 skilled technicians by 2030, making this a crucial issue. 

One rapid way to help close this gap is to establish and expand chip-related training programs, including factory automation, chemical engineering, material science and advanced vacuum systems at technical colleges located near planned manufacturing centers. Addressing the labor gap in more advanced engineering and design roles will also require a concerted effort to grow the pipeline of U.S. STEM students, attract more of them to the semiconductor industry, and bring more STEM professionals into the U.S. economy from overseas. 

 

[Remarkableriots]

U.S. Starts Ramping Up Chip Subsidies

WWW.INVESTORS.COM

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The U.S. awarded GlobalFoundries $1.5 billion on Monday. Intel reportedly could soon get over $10 billion in funding.

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GlobalFoundries will use the funds to expand and improve its existing fabrication plant in Malta, New York, as well as build a new fab on that Malta campus. It'll also improve a Vermont facility.

GlobalFoundries, which makes chips for others, aims to invest a total of $12 billion over 10 years, including public funding. New York state will chip in with $575 million in direct funding, plus $45 million in related aid.

 

[Remarkableriots]

US Commerce Secretary calls for CHIPS Act 2, says American semiconductor giants need more funds for fabs | Tom's Hardware

WWW.TOMSHARDWARE.COM

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U.S. government admits that the American semiconductor industry needs additional funds.

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U.S. Commerce Secretary Gina Raimondo emphasized the necessity for ongoing investments in the American semiconductor industry to regain global leadership and fulfill demand for artificial intelligence (AI) processors. She highlighted the significance of the U.S. government's effort to fund the chip industry amid global challenges during a virtual appearance at yesterday's Intel Foundry event, reports Bloomberg. 

 

"I suspect there will have to be — whether you call it CHIPS 2 or something else — continued investment if we want to lead the world," said Raimondo. 

Raimondo's remarks underscored the importance of the semiconductor sector, particularly in light of the increasing computational demands of AI technologies. She cited her discussions with Sam Altman, CEO of OpenAI, who is seeking U.S. government support for his chip venture. According to Raimondo, the sheer volume of chips required for AI applications, as projected by industry leaders, is astonishing. Meanwhile, a surplus of AI processors will enable more companies to adopt artificial intelligence, which will be a competitive advantage for the U.S. 

 

[Remarkableriots]

Intel, TSMC, and Samsung are demanding Biden double the funds on hand for chips, Raimondo says

FORTUNE.COM

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The Commerce Department plans to spend $28 billion from the Chips Act on leading-edge facilities, Raimondo said.

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Advanced semiconductor companies have requested more than double the amount of available federal funds for projects in the US, Commerce Secretary Gina Raimondo said, referring to a program designed to bring chip manufacturing back to American soil. 

Leading-edge firms — which include Intel Corp., Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. — are seeking more than $70 billion from the 2022 Chips Act, Raimondo said Monday in remarks at the Center for Strategic and International Studies in Washington.

 

[Remarkableriots]

Intel to get $3.5 billion infusion from U.S. gov't to make chips for military: Report | Tom's Hardware

WWW.TOMSHARDWARE.COM

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Intel could become the dominant player in the defense chips sector.

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The U.S. government is set to invest $3.5 billion in Intel to boost the production of advanced chips for military and intelligence purposes, reports Bloomberg. The payment could be a part of a rumored total incentive package exceeding $10 billion from the U.S. CHIPS and Science Act (encompassing both grants and loans) or could be a part of the proposed Secure Enclave project that is designed for military and intelligence chips and is funded separately. 

 

[Remarkableriots]

Pentagon pulls out of Intel's $3.5 billion CHIPS Act grant, expects Commerce Department to foot the bill | Tom's Hardware

WWW.TOMSHARDWARE.COM

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Department of Commerce was meant to disburse CHIPS Act grants but is now being held responsible for the full $3.5 billion cost, not just $1 billion + Pentagon funding

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Specifically, Intel was to receive $1 billion of $3.5 billion from the Department of Commerce, with the rest coming from the Pentagon. The $2.5 billion shortfall could possibly be made up with other CHIPS Act funds at the direction of the Commerce Department. This isn't just a loss for Intel, it could also impact others. It all depends on how this total is split across the rest of CHIPS Act recipients.

Additional analysis from The American Prospect further highlights just how poor the optics and management of Intel's proposed $3.5 billion "secure enclave" facility are. A senior adviser and research professor at Georgetown University told the Prospect: "My first reaction is to emphasize that this is nearly 10 percent of the entire CHIPS Act fund. And by doing this, that will necessarily foreclose other opportunities."

 

[SaysWho?]

Samsung Poised to Win Over $6 Billion for Expanded US Investment

WWW.BLOOMBERG.COM

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The US plans to award more than $6 billion to Samsung Electronics Co., helping the chipmaker expand beyond a project in Texas it has already announced, according to...

 

[Remarkableriots]

U.S. outlines five-year plan to harness CHIPS Act funds — R&D, manufacturing, education, and ecosystem highlighted for balanced funding | Tom's Hardware

WWW.TOMSHARDWARE.COM

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No, not that kind of five-year plan.