Micron Claims it Needs Government Funding to Develop New Fabs

[R-T-B]

Yes, since those were privatized all over europe they have been cutting back service and increasing prices
my country belgium probably ahead of the pack in degradation.
Which really sucks for the elderly

Yeah despite efforts to cripple the USPS stateside it somehow survives without nearly any funding from congress and being forced to fund retirements literal decades into the future for employees (something no one else does, but for some reason, they must)

Not everything government need be inefficient. Our unkillable post office is evidence of that.

 

[A&P211]

Yeah despite efforts to cripple the USPS stateside it somehow survives without nearly any funding from congress and being forced to fund retirements literal decades into the future for employees (something no one else does, but for some reason, they must)

Not everything government need be inefficient. Our unkillable post office is evidence of that.

Its "run" by the government, but treated like a private business by the government but still has to be "run" by the government.
USPS wants to do so many things to make extra money but cant because the government wont give it permission.

I dont get it

 

[phanbuey]

Considering Intel and TSMC already got government handouts, don't see why Micron should be left out. /s

What governments should be doing is building their own state-owned semiconductor fabrication plants. Then instead of paying public money to private chipmakers to bribe the latter into deigning to build fabs, the government puts those funds into its own fabs, and the private chipmakers either invest their own funds to compete, or lose marketshare and profit to the state-owned company.

But of course the "free(dumb) market" crowd will claim the above is communism, because apparently rigidly sticking to an ideology that very obviously isn't working is preferable to doing what's objectively best for their state.

They are state owned, you just dont realize it.

Also communism isn't working anywhere even worse than the free market... so not sure what point you're trying to make here. I've lived through enough communism to know what im talking about.

 

[claes]

I think it’s a real stretch to claim they are state-owned lol. If they were then why did they build fabs in countries besides the US, particularly in competitors markets and outright enemies of the US? Why did the Asian stock market crash almost destroy Micron, a supposedly nationalized, US business?

(also China and much of South America would like to have a word with you but off-topic)