huh.   -dei-killed-the-chips-act/ > 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 its 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 havent noticed is that its because the chips act is so loaded with dei pork that it cant 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. > the department interprets that as license to diversify. its factsheet asserts that diversity is critical to strengthening the u.s. semiconductor ecosystem, adding, critically, this must include significant investments to create opportunities for americans from historically underserved communities. omg plz no repeal fr fr nc ong
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