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DEI in the US Chips Act

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patentlymn:

https://voxday.net/2024/03/08/convergence-kills-us-semiconductors/
Convergence Kills US Semiconductors

There’s also an interesting geopolitical strategic assumption buried deep in this article on the chip-making industry’s abandonment of the USA, which is particularly intriguing in light of the audience for The Hill:
https://thehill.com/opinion/4517470-dei-killed-the-chips-act/
 DEI killed the CHIPS Act
by Matt Cole and Chris Nicholson, opinion contributors - 03/07/24 7:00 PM ET

...
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.”
...

Libertas:
Well, Trump will take care of that...unless another election gets jacked (which by no means can be discounted)...then we have nothing but collapse to look at...

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