TSMC Gets $11.6B in US Grants, Loans for Chip Plants

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  • Опубликовано: 31 май 2024
  • The US plans to award Taiwan Semiconductor Manufacturing $6.6 billion in grants and as much as $5 billion in loans to help the world’s top chipmaker build factories in Arizona, expanding President Joe Biden’s effort to boost domestic production of critical technology. Advisors Capital Management Partner and Portfolio Manager JoAnne Feeney joins Caroline Hyde to discuss on "Bloomberg Technology."

Комментарии • 111

  • @lylestavast7652
    @lylestavast7652 Месяц назад +3

    INTC will make some serious jumps here in 25 and 26...think fab capabilities... TSMC having a presence here will be a major game changer for the domestic workplace employment scene and re-accelerate EE in the US...

  • @tringuyen7519
    @tringuyen7519 Месяц назад +8

    Go to the Electrical Engineering school in any US university. Ask how many students have a student visa. Then you will get the scope of US tech labor demographics!

    • @dachochiyo3992
      @dachochiyo3992 Месяц назад

      do you know that Taiwan send their engineer to train American and most of them gave up. how stupid American is

    • @ColdPotato
      @ColdPotato 18 дней назад

      It's wildly different than when I went to school in the mid 90s. Mostly caucasian, a few Asian kids. Now it's flooded with students from India.

  • @mrobinson
    @mrobinson Месяц назад

    Probably, rhe best AI interview this year. Well done Caroline, perfect as always.❤

  • @thomasrogers9146
    @thomasrogers9146 Месяц назад

    Where is the market for our made in the u.s expencive chips. we do not have a manufacturer base,?

  • @jamescole3152
    @jamescole3152 Месяц назад +1

    Congress needs to block this money to a foreign company. The chips act was suppose to give US companies an edge to compete.

  • @Churchillhump2268
    @Churchillhump2268 Месяц назад +2

    I'd retiring or working less in 8 years, and considering this financial recession, I'm deciding to begin taking up skilled trades. I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $120K per year but nothing to show for it yet.

    • @Churchillhump2268
      @Churchillhump2268 Месяц назад

      Who made this decision to invest in tsmc?

    • @roseylumber
      @roseylumber Месяц назад

      You should contribute to your retirement diligently, or better still look into financial planning don't come to youtube for advise, consult a Local or trusted advisory firm

    • @V.stones
      @V.stones Месяц назад

      That's great..good for you

    • @JasonAmir-qo4uo
      @JasonAmir-qo4uo Месяц назад

      Very true, I find myself lucky enough exposed to money management at an early age.

  • @ouulriyac4747
    @ouulriyac4747 Месяц назад +2

    amazing

  • @brajeshsingh2391
    @brajeshsingh2391 Месяц назад +1

    11 billion is not too great given the size of US economy and Federal Government budget plus I appreciate President Biden's to get semi-conductor manufacturing started in US. The big question is whether it will play out.
    I believe Donald Trump also tried the same when launched mega factory for manufacturing by I think Samsung to make TV's. That did not go anywhere even after the ground breaking ceremony. And as the expert mentioned Intel fell behind the game.

    • @eng3d
      @eng3d Месяц назад +2

      the size of the us budget is negative 😂

  • @PlebChris
    @PlebChris Месяц назад

    With all that debt, they can afford $11.6bn

  • @privacyhelp
    @privacyhelp Месяц назад +4

    Loans 🤣🤣

  • @MatthewMS.
    @MatthewMS. Месяц назад +7

    I’ve been waiting 5 years for all of this, but playing out even better than my imagination l.

    • @zakjuly6721
      @zakjuly6721 Месяц назад +1

      Really ? China already making 3nm chips .. So can you please tell us how long will it take to build these plants ? and who will they sell these chips too ... because China will be selfsufficent ❤

  • @mathewmcfool
    @mathewmcfool Месяц назад +2

    Dear TSMC, I just need $6M, half for taxes 🥺🥺🥺 please

  • @user-eb6xb7ol5t
    @user-eb6xb7ol5t Месяц назад

    大家都不來台灣我們得弄點巧思阿

  • @zhenwenlu2607
    @zhenwenlu2607 Месяц назад +7

    So the US is subsidising Taiwan business.

    • @IAm-NotHear
      @IAm-NotHear Месяц назад +6

      Located in the US...yes

    • @willberry6434
      @willberry6434 Месяц назад +2

      U.S shareholders own a majority of TSMC. Also do you want leading edge chips in the U.S or elsewhere

    • @DW-op7ly
      @DW-op7ly Месяц назад +1

      China is on track to to make 18 wafer fabs this year alone
      Granted most are going to be producing legacy chips but these chips make up 70 to 80% of the market
      11.6 billion… I guess the USA has to try to compete

    • @TomTomdog
      @TomTomdog Месяц назад +1

      yup since it cost Taiwan companies 5 times more to build a company in US than Tawain.

    • @francojustthat156
      @francojustthat156 Месяц назад +1

      @@willberry6434 TSMC is Taiwanese, so yeah, leading edge chips are elsewhere..

  • @ChopperChad
    @ChopperChad Месяц назад

    And let’s put this 10 million gallon-a-day water user in the desert Southwest. Seems foolish.

    • @PaperAirplaneFactory
      @PaperAirplaneFactory Месяц назад

      Typically they recycle most of the water, but will be interesting to see for sure.

  • @zakjuly6721
    @zakjuly6721 Месяц назад +7

    😂 Who is he going to sell them too ? China is already producing 3nm chips 🎉

  • @usiohaki295
    @usiohaki295 Месяц назад +3

    Haha, US is paying for TSMC to hand over their IP.

  • @Blitznstitch2
    @Blitznstitch2 Месяц назад +1

    Just a reminder, it would take 20 billion to solve homelessness

  • @inuwooddog3027
    @inuwooddog3027 Месяц назад +1

    That's scam. I expected more than just loans.

  • @thomasrogers9146
    @thomasrogers9146 Месяц назад +2

    China is the worlds largest semiconductor and chip market.Worth around 500 billion a year. over 80% of modern goods only require higher and legacy chips. China controls 70% of processed rear earth minerals and 90% rear earth minerals processing technology. The chinese have already accomplished 7nm and 5nm advanced chips.. We do not have the qualified work force because we sold our education system to wall street. The applications for advanced chips is limited and a very small market shear. How much are our chips going to cost,.You can not just throw billions on a problem we have failed to invest in. According to the president of NVEDIA. it is going to take us 10 years to become chip independent. WHAT HAPPENS WHEN CHINA CATCHES UP AND FLOODS THE GLOBAL MARKET WITH AFFORDABLE ADVANCED AND MOST IMPORTANT LEGACY CHIPS? THE ARAZONA PLANT IS STILL NOT COMPLETE AS PROBLEMS MOUNT. China was happy buying western Chips. We forced them to become chip independent and western semiconductor companies are going to be losing billions in revenue fr the loss of rhe Chinese market. THESE ANTI CHINA PROPAGANDA AND HATE POLICIES CAN GET OUR POLITICIANS ELECTED BUT ARE ECONOMICALLY SELF DESTRUCTIVE.

  • @x-men69-96
    @x-men69-96 Месяц назад +7

    Should 11.6B go back to American teachers, nurses, veterans,….hard working American taxpayers instead? They have to reinvest their company anyway if they want to exist.

    • @rameshpudhucode6862
      @rameshpudhucode6862 Месяц назад +4

      Stop wasting time messaging which uses chips. Go and help teachers

    • @PeterSedesse
      @PeterSedesse Месяц назад +4

      You missed the part where they are investing 60billion in the USA, creating thousands of high paying jobs, and allowing is to manufacture 2nm chips within our own borders.

    • @x-men69-96
      @x-men69-96 Месяц назад +1

      @@PeterSedesse you missed the part where they said most job will be a temporary construction, but they will bring high skill workers from Taiwan instead

    • @jfyhou
      @jfyhou Месяц назад +8

      @@x-men69-96you really think tsmc wants to invest in the US ? Lmao they are forced by the US. Costs in the US is almost double. Not to mention lazier US employees. Just compare the construction of the tsmc facility in the US vs in Japan. One started later but finished early and the other is having trouble finishing

    • @x-men69-96
      @x-men69-96 Месяц назад +1

      @@jfyhou Then they can stay in Taiwan and let China take the island.

  • @ssuwandi3240
    @ssuwandi3240 28 дней назад

    Proven Fascists👎👎 Have said it during Bidenomics early days

  • @GuiltySpark347
    @GuiltySpark347 Месяц назад +5

    How about American chip companies?

    • @carloschu7127
      @carloschu7127 Месяц назад +5

      INTL is an American Company.

    • @benchoflemons398
      @benchoflemons398 Месяц назад +2

      Intel isn’t at the bleeding edge

    • @chillxxx241
      @chillxxx241 Месяц назад

      They are spreading the money around to everybody. Much of the design work is already in the US. TSMC is a contract manufacturing company. They make products for others on order. This is really overblown by the media. The secret behind TSMC is that the country of Taiwan was invested in making sure they were successful and now the United States is backing several countries throughout the entirety of the supply chain; which even Taiwan could not.

    • @tsubadaikhan6332
      @tsubadaikhan6332 Месяц назад +4

      There aren't any who can do what TSMC do.

    • @chillxxx241
      @chillxxx241 Месяц назад

      @@tsubadaikhan6332 Sure

  • @pavelhassan7457
    @pavelhassan7457 Месяц назад +4

    Who made this decision to invest in tsmc? Can you do a background check of that person? Intel fall because of internal enemy. Those enemy systemically destroyed intel.

    • @user-ei3fp8yj5i
      @user-ei3fp8yj5i Месяц назад

      groups of US legislators visiting Taiwan multiple times, after prudential assessment. Not individual person like Kissinger in 1970s. He betrayed US and all the other democracy countries in the world. Kissinger is US internal enemy who destroyed Intel, all the investments went into China and created a monster caused COVID in 2019, everyone is effected, 7m ppl passed away.

    • @rchen1494
      @rchen1494 Месяц назад

      Intel fall bcz they started to have people from finance background in charge of the company while tsmc's CEOs are always engineers.

  • @kennethkueh1256
    @kennethkueh1256 Месяц назад

    Is this an American debt trap?

    • @jacobgordon7998
      @jacobgordon7998 Месяц назад

      No, this move is long overdue, we need to manufacture all of this stuff in the U.S. or at least manufacture it much closer to home.

  • @panama-canada
    @panama-canada Месяц назад +2

    It’ll be funny when all those investments end up in Chinese hands after the takeover of the island.

    • @user-ei3fp8yj5i
      @user-ei3fp8yj5i Месяц назад

      fact is CCPchina will collapse before it reaches Taiwan, and Chinese investments will be on Taiwan's hands. 'cause there's dream about one-china policy.

  • @supa3ek
    @supa3ek Месяц назад

    Forcing TSMC to the USA is a smart move

    • @jamescole3152
      @jamescole3152 Месяц назад

      Who do you work for? Surly not a US company.

  • @Helena_Zee
    @Helena_Zee Месяц назад

    What a joke and a waste of tax payers' money

  • @Scott020357
    @Scott020357 Месяц назад

    This company will die...fir sure!

  • @droolalot5795
    @droolalot5795 Месяц назад +6

    Wasted tax payer money

    • @BillyP13
      @BillyP13 Месяц назад +5

      Go to China .

    • @x-men69-96
      @x-men69-96 Месяц назад +1

      Yup, Biden get 30% from it.

    • @droolalot5795
      @droolalot5795 Месяц назад +3

      @@BillyP13 where all of the chips are currently made for fighter jets etc. I bet China doesn't have chips made in America 🇺🇸

    • @rameshpudhucode6862
      @rameshpudhucode6862 Месяц назад +3

      Why are you here? Go to beijing

    • @Mario-du6dj
      @Mario-du6dj Месяц назад +1

      I guess you don't know the importance of chip manufacturing. They are in every new technological device.