TSMC Plans German Chip Plant in Dresden (Funded by Government Support)

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#6155686
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Cheaper GPU/CPUs? Pretty please.
#6155767
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next level capitalism.
#6155931
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TSMC is expanding in case China is going to try to take them over. All these high level people and engineers at TSMC will flee to other countries to work. If China takes them over, I hope the workers sabotage the facility or the U.S. destroys it.
#6156083
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goat1:

TSMC is expanding in case China is going to try to take them over. All these high level people and engineers at TSMC will flee to other countries to work. If China takes them over, I hope the workers sabotage the facility or the U.S. destroys it.
no......
#6156103
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GlassGR:

next level capitalism.
Its modern business, I've run a number of projects that use the same system. They ask Germany for financial assistance in setting up a project, in return they guarantee that a set % of workers will comes from local areas.
#6156130
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pegasus1:

Its modern business, I've run a number of projects that use the same system. They ask Germany for financial assistance in setting up a project, in return they guarantee that a set % of workers will comes from local areas.
again ,next level capitalism -> 5 billion euros from German government to a private company for a guaranteed % local workers .
#6156133
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This has been done like that for the last 100 years, that's nothing like "next level", sorry... it's common practice since at least after WW2. Tax cuts to get companies to go somewhere is a decade old tactic to harness "communal" taxes. The size of it though (I expect another 10 billion like Intel gets) is something else... Also, why just 28nm... they should have aimed higher imho. Germany does have a lot of money on the side to sponsor all those high tech companies... I wonder where it comes from, combined with 90 or 100 billion that they push straight into military assets. Oh yeah, national debt, that is getting more expensive by the month right now. Great sustainable, long term strategies at work.
#6156149
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Germany has a lot of pressure these days. Them and France are feeling pressured to increase defense spending by a lot. There is also to cost of going green, do they go back to nuclear power?
#6156181
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Embra:

Germany has a lot of pressure these days. Them and France are feeling pressured to increase defense spending by a lot. There is also to cost of going green, do they go back to nuclear power?
Where Germany burns through billions to "go green" with solar and wind power, France invests heavily into nuclear actually. And lobbying hard to get that EU money for their power plant construction and the old ones too... since they have been "killed by excessive saving", as in, they did do as little as possible maintenance, and thus, some of those power plants do have to be shut down actually, but said to run longer now because of the war in Ukraine. Maybe one of our French gurus has some insight into this, like @XenthorX And yes, of course, NATO's push to up defense spending, and before the war in Ukraine, the US's demand to do so even before the fighting broke out (Particularly the Trump administration)
#6156184
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fantaskarsef:

Germany does have a lot of money on the side to sponsor all those high tech companies... I wonder where it comes from
Looking at national debt level tells you this. Same with military funds, they were cut down to a level where it sabotaged the army. It's just catching up. And investments aren't a write-off. Also special military budget is kind of an investment program where lots of subcontractors profit, e.g. to soften changes in car industry (subcontractors often are the same or similar for car companies, arms, trains etc.). Btw: Another reason why there is money is because industry in Germany still is ~30% of jobs, which usually create much more real-world value and tax income than some service/banking jobs etc. Other European countries usually only have ~20% industry jobs or less.
#6156189
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Would be fun if TSMC Germany can produce higher quality chips than other locations 😀
#6156191
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aufkrawall2:

Looking at national debt level tells you this. Same with military funds, they were cut down to a level where it sabotaged the army. It's just catching up. And investments aren't a write-off. Also special military budget is kind of an investment program where lots of subcontractors profit, e.g. to soften changes in car industry (subcontractors often are the same or similar for car companies, arms, trains etc.). Btw: Another reason why there is money is because industry in Germany still is ~30% of jobs, which usually create much more real-world value and tax income than some service/banking jobs etc. Other European countries usually only have ~20% industry jobs or less.
Who has to "catch up" is a political thing to discuss. But ultimately you are right, national debt level is on the rise, that's exactly what I tried to imply or to refer to. But the nature of investment isn't the issue here, just where to get that money from. Like you said, the IMF / world bank helps.
#6156235
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fantaskarsef:

Where Germany burns through billions to "go green" with solar and wind power, France invests heavily into nuclear actually. And lobbying hard to get that EU money for their power plant construction and the old ones too... since they have been "killed by excessive saving", as in, they did do as little as possible maintenance, and thus, some of those power plants do have to be shut down actually, but said to run longer now because of the war in Ukraine. Maybe one of our French gurus has some insight into this, like @XenthorX And yes, of course, NATO's push to up defense spending, and before the war in Ukraine, the US's demand to do so even before the fighting broke out (Particularly the Trump administration)
To be honest, the "Green" against nuclear lobbying has been fairly strong in France as well, we've sabotaged our nuclear industry by lack of planification, or planification to shot it down drastically. That's less people going toward those industry deemed has doomed or without perspective. President Macron was ever so slightly better than his predecessor who made a deal with "Green" to cut nuclear by half to get elected. Right now France is fighting against Germany to include nuclear energy has part of viable technology for the carbon-free transition, which Germany is heavily pushing against, that's ridiculus. There's massive lack of scientific knowledge in politic that's frustrating. As for our military expenses, we basically double them, literally, even a bit more, alongside ordering a new aircraft carrier.
#6156238
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XenthorX:

There's massive lack of scientific knowledge in politic that's frustrating. As for our military expenses, we basically double them, literally, even a bit more, alongside ordering a new aircraft carrier.
I dont really think it a lack knowledge so much as it they dont care enough or they not getting bribed enough to careo_O Why deal with any "issue" when they can leave to next generation where they can do same. it usual why thing take so long to dealt with or why is never dealt with
#6156264
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fantaskarsef:

As for our military expenses, we basically double them, literally, even a bit more, alongside ordering a new aircraft carrier.
I guess this now makes sense to eventually get the uranium from Niger. Turns out a failed Sahel policy doesn't add up nicely with a failed energy policy. 😀 Good thing there is Russia/Wagner to buy uranium from. Maybe Russia could also build nuclear plants that actually work at this occasion...
#6156281
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aufkrawall2:

I guess this now makes sense to eventually get the uranium from Niger. Turns out a failed Sahel policy doesn't add up nicely with a failed energy policy. 😀 Good thing there is Russia/Wagner to buy uranium from. Maybe Russia could also build nuclear plants that actually work at this occasion...
France use Uranium from Niger (30%), Australia(10%), Kazakhstan(30%) and Ouzbekistan(30%). One of the great strength of Nuclear energy is that you can have years of Uranium in advance, that's not like oil or gas. If supply were to stop completely, we still would have at least 5years of ressource already. There's barely any Uranium coming from Russia, and it's well known that Russia is behind Mali/Niger revolts, they're just looking to increase Russia Influence at the expense of France. Simple retaliation for Ukraine sanctions. [SPOILER] https://images.rtl.fr/~c/1540v1026/rtl/www/1607431-des-milliers-de-partisans-du-coup-d-etat-militaire-au-niger-se-sont-reunis-a-niamey-dimanche-6-aout-2023.jpg [/SPOILER]
#6156284
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I was being sarcastic and wanted to point to those situations you just described. 🙂 Though those activities might not stop after Niger, especially given that two of the countries you mentioned are former Soviet republics (or how to call it). And price increases with reduced offers, increased insecurity etc. If Uranium from Niger wasn't important, France wouldn't need to care. But apparently they do.