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Economy

Cheezoholic

(2,969 posts)

3. But wait, aren't they about to be getting significant subsidies from CHIPS?

Reply to mahatmakanejeeves (Original post)

Wed Feb 1, 2023, 03:49 PM

Feb 2023

They were one of the biggest lobbyists for it and stand to be one of the largest benefactors. I know they were hurting prior but.... I hope this act isn't a 52 billion dollar bailout in sheep's clothing or some shit. When chunks of cash like that start getting tossed around from the feds the sleazy corporate grift usually isnt far behind and I personally am leary from history. I hope there are safeguards and guarantees built into this act to prevent fat cats retiring to their private islands with pockets full of free taxpayer cash.

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Highlight:

Intel slashes wages, bonuses after disastrous quarterly results [View all] mahatmakanejeeves Feb 2023 OP

I thought 401k match had to be At Least 3% JT45242 Feb 2023 #1

So much weakness in tech sector, so they can get away with this most likely bucolic_frolic Feb 2023 #2

But wait, aren't they about to be getting significant subsidies from CHIPS? Cheezoholic Feb 2023 #3

This was just posted here on Sunday, LOL Tansy_Gold Feb 2023 #4

Intel is finally modernizing and upgrading their chip lithography Warpy Feb 2023 #5

Biden was in Ohio in early Sept for the groundbreaking of their brand new from scratch Backseat Driver Feb 2023 #6