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dhx 7 hours ago

If the government wanted to pump USD$1T into the economy, is investment into a stack of sheds full of rapidly depreciating computers the most effective use of USD$1T?

Some example contrasting options:

- Worldwide investment in 300mm wafer fab equipment is projected to be USD$107-138B per year through to 2028.[1] USD$1T buys 100% of the global production of 300mm wafer fab equipment for about 7 years.

- European Union countries are projected to spend approximately USD$250B on electricity generation and transmission infrastructure projects in 2025.[2] The US is projected to spend a similar amount.[3] China is projected to spend approximately USD$460B.[4] USD$1T buys 4 years worth of European Union or US expenditure on electricity generation and transmission infrastructure, or 2 years worth of Chinese expenditure.

- Worldwide biopharmaceutical R&D was estimated to amount to USD$276B in 2021.[5] More conservative estimates include USD$102 in 2024.[6] Using the larger estimate, USD$1T buys 3.5 years of global biopharmaceutical R&D.

[1] https://www.trendforce.com/news/2025/10/14/news-2nm-race-dri...

[2] https://www.iea.org/reports/world-energy-investment-2025/eur...

[3] https://www.iea.org/reports/world-energy-investment-2025/uni...

[4] https://www.iea.org/reports/world-energy-investment-2025/chi...

[5] doi:10.1038/d41573-024-00131-2 (https://www.analysisgroup.com/globalassets/insights/publishi...)

[6] https://www.iqvia.com/blogs/2025/06/global-trends-in-r-and-d...