\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

DEI killed the CHIPS Act: Semiconductor makers moving plants offshore

https://thehill.com/opinion/4517470-dei-killed-the-chips-act...
fuchsia chad idiot
  03/09/24
Matt Cole is CEO and Chief Investment Officer for Strive Ass...
startling mexican house
  03/09/24
I had not heard this. Wild.
Bipolar carnelian associate school
  03/09/24
Lmao are inevitable downfall is going to be 180
Walnut talented brethren trailer park
  03/09/24
insane if accurate
hateful meetinghouse
  03/09/24
This is something that is actually worth hearings in the Hou...
jade sadistic weed whacker heaven
  03/09/24
> we'll pay you $39-billion to hire a black man in your n...
vivacious rigor sanctuary
  03/10/24
...
180 jet main people market
  03/10/24
conshits will blame DEI but real issue is birdshits are too ...
Ungodly trip theatre
  03/10/24
Naw it was DEI
passionate gas station
  03/10/24
Birdshits blame everything on DEI while ignoring they cannot...
Ungodly trip theatre
  03/10/24
DEI is emperor's new clothes level flame but the major probl...
domesticated bawdyhouse
  03/10/24
...
Amber Metal Box Office
  03/10/24
"US engineers" Prakesh, Vishnu, and Anoop can easi...
Ungodly trip theatre
  03/10/24
No this foxnews boomer wsj oped has a good point (xo2024)
startling mexican house
  03/10/24
180 moniker
chartreuse ceo
  03/10/24
...
DrakeMallardxo
  03/05/25
Unbelievable
..,,....,,.,..,,..,,...,...,,....,...,
  03/05/25


Poast new message in this thread



Reply Favorite

Date: March 9th, 2024 10:11 PM
Author: fuchsia chad idiot

https://thehill.com/opinion/4517470-dei-killed-the-chips-act/

DEI — the identity-obsessed dogma that goes by “diversity, equity, and inclusion” — has now trained Google’s new AI to refuse to draw white people. What’s even more alarming is that it’s also infected the supply chain that makes the chips powering everything from AI to missiles, endangering national security.

The Biden administration recently promised it will finally loosen the purse strings on $39 billion of CHIPS Act grants to encourage semiconductor fabrication in the U.S. But less than a week later, Intel announced that it’s putting the brakes on its Columbus factory. The Taiwan Semiconductor Manufacturing Company (TSMC) has pushed back production at its second Arizona foundry. The remaining major chipmaker, Samsung, just delayed its first Texas fab.

This is not the way companies typically respond to multi-billion-dollar subsidies. So what explains chipmakers’ apparent ingratitude? In large part, frustration with DEI requirements embedded in the CHIPS Act.

Commentators have noted that CHIPS and Science Act money has been sluggish. What they haven’t noticed is that it’s because the CHIPS Act is so loaded with DEI pork that it can’t move.

The law contains 19 sections aimed at helping minority groups, including one creating a Chief Diversity Officer at the National Science Foundation, and several prioritizing scientific cooperation with what it calls “minority-serving institutions.” A section called “Opportunity and Inclusion” instructs the Department of Commerce to work with minority-owned businesses and make sure chipmakers “increase the participation of economically disadvantaged individuals in the semiconductor workforce.”

The department interprets that as license to diversify. Its factsheet asserts that diversity is “critical to strengthening the U.S. semiconductor ecosystem,” adding, “Critically, this must include significant investments to create opportunities for Americans from historically underserved communities.”

The department does not call speed critical, even though the impetus for the CHIPS Act is that 90 percent of the world’s advanced microchips are made in Taiwan, which China is preparing to annex by 2027, maybe even 2025.

Handouts abound. There’s plenty for the left—requirements that chipmakers submit detailed plans to educate, employ, and train lots of women and people of color, as well as “justice-involved individuals,” more commonly known as ex-cons. There’s plenty for the right—veterans and members of rural communities find their way into the typical DEI definition of minorities. There’s even plenty for the planet: Arizona Democrats just bragged they’ve won $15 million in CHIPS funding for an ASU project fighting climate change.

That project is going better for Arizona than the actual chips part of the CHIPS Act. Because equity is so critical, the makers of humanity’s most complex technology must rely on local labor and apprentices from all those underrepresented groups, as TSMC discovered to its dismay.

Tired of delays at its first fab, the company flew in 500 employees from Taiwan. This angered local workers, since the implication was that they weren’t skilled enough. With CHIPS grants at risk, TSMC caved in December, agreeing to rely on those workers and invest more in training them. A month later, it postponed its second Arizona fab.

Now TSMC has revealed plans to build a second fab in Japan. Its first, which broke ground in 2021, is about to begin production. TSMC has learned that when the Japanese promise money, they actually give it, and they allow it to use competent workers. TSMC is also sampling Germany’s chip subsidies, as is Intel.

Intel is also building fabs in Poland and Israel, which means it would rather risk Russian aggression and Hamas rockets over dealing with America’s DEI regime. Samsung is pivoting toward making its South Korean homeland the semiconductor superpower after Taiwan falls.

In short, the world’s best chipmakers are tired of being pawns in the CHIPS Act’s political games. They’ve quietly given up on America. Intel must know the coming grants are election-year stunts — mere statements of intent that will not be followed up. Even after due diligence and final agreements, the funds will only be released in dribs and drabs as recipients prove they’re jumping through the appropriate hoops.

For instance, chipmakers have to make sure they hire plenty of female construction workers, even though less than 10 percent of U.S. construction workers are women. They also have to ensure childcare for the female construction workers and engineers who don’t exist yet. They have to remove degree requirements and set “diverse hiring slate policies,” which sounds like code for quotas. They must create plans to do all this with “close and ongoing coordination with on-the-ground stakeholders.”

No wonder Intel politely postponed its Columbus fab and started planning one in Ireland. Meanwhile, Commerce Secretary Gina Raimondo was launching a CHIPS-funded training program for historically black colleges.

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479417)



Reply Favorite

Date: March 9th, 2024 10:37 PM
Author: startling mexican house

Matt Cole is CEO and Chief Investment Officer for Strive Asset Management, an Ohio-based firm with over $1 billion in assets under management, where Chris Nicholson is head of research.

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479449)



Reply Favorite

Date: March 9th, 2024 11:26 PM
Author: Bipolar carnelian associate school

I had not heard this. Wild.

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479556)



Reply Favorite

Date: March 9th, 2024 11:42 PM
Author: Walnut talented brethren trailer park

Lmao are inevitable downfall is going to be 180

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479584)



Reply Favorite

Date: March 9th, 2024 11:45 PM
Author: hateful meetinghouse

insane if accurate

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479589)



Reply Favorite

Date: March 9th, 2024 11:47 PM
Author: jade sadistic weed whacker heaven

This is something that is actually worth hearings in the House of Representatives.

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479592)



Reply Favorite

Date: March 10th, 2024 12:28 AM
Author: vivacious rigor sanctuary

> we'll pay you $39-billion to hire a black man in your new fab

NOPE NOT WORTH IT



(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479662)



Reply Favorite

Date: March 10th, 2024 5:08 AM
Author: 180 jet main people market



(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479860)



Reply Favorite

Date: March 10th, 2024 1:53 AM
Author: Ungodly trip theatre

conshits will blame DEI but real issue is birdshits are too lazy and stupid to do these STEM jerbs and u dont have enough chungs and pajeets esp since the immigration system is retarded, a normal country wld just give up and let TSMC bring in hoards of turdshits and chinks

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479770)



Reply Favorite

Date: March 10th, 2024 3:04 AM
Author: passionate gas station

Naw it was DEI

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479779)



Reply Favorite

Date: March 10th, 2024 3:04 AM
Author: Ungodly trip theatre

Birdshits blame everything on DEI while ignoring they cannot compete with pajeets and chungs.. odd case

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479781)



Reply Favorite

Date: March 10th, 2024 4:08 AM
Author: domesticated bawdyhouse

DEI is emperor's new clothes level flame but the major problem TSMC had was that it expected on-site Chinese-style 996 work weeks and graduate degrees from its workers, to which US engineers just laughed and told them to fuck off. there are a bunch of articles about this going back several months.

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479815)



Reply Favorite

Date: March 10th, 2024 5:33 AM
Author: Amber Metal Box Office



(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479886)



Reply Favorite

Date: March 10th, 2024 5:34 AM
Author: Ungodly trip theatre

"US engineers" Prakesh, Vishnu, and Anoop can easily go work for SV comps with less hours

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479887)



Reply Favorite

Date: March 10th, 2024 8:30 AM
Author: startling mexican house

No this foxnews boomer wsj oped has a good point (xo2024)

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479955)



Reply Favorite

Date: March 10th, 2024 8:37 AM
Author: chartreuse ceo

180 moniker

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#47479960)



Reply Favorite

Date: March 5th, 2025 11:21 PM
Author: DrakeMallardxo (🦆)



(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#48719449)



Reply Favorite

Date: March 5th, 2025 11:23 PM
Author: ..,,....,,.,..,,..,,...,...,,....,...,


Unbelievable

(http://www.autoadmit.com/thread.php?thread_id=5502116&forum_id=2#48719455)