Yeah terrible position to be when your own government is investing in your competitors' company using your own tax dollars.

As a software engineer, this isn't an entirely new concept.

I think all three of those other companies are also getting CHIPS-act subsidies?

I suppose it could be worse. Still, now the US has a vested interest in seeing Intel crush AMD and others.

Spooky23 3 days ago | parent | next [-]

They just need to bribe POTUS, and everything will be fine.

JustExAWS 3 days ago | parent | prev [-]

AMD is not a chip manufacturer and what “others”?

Right, AMD sold off their foundry business as GlobalFoundries in 02009 to the Mubadala sovereign wealth fund of the UAE: https://en.wikipedia.org/wiki/GlobalFoundries

The others would probably be GlobalFoundries, Micron, Microchip, and TI.

	▲	B1FF_PSUVM 3 days ago \| parent [-]
		"Real men have fabs" (no more, no more).