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SVTPerformance's Chain of Restaurants
Road Side Pub
Ford Production -- Ouch!
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<blockquote data-quote="VRYALT3R3D" data-source="post: 16613718" data-attributes="member: 131770"><p>The chips themselves take 6 months to make from start to finish. And getting the machines that make them can take even longer. The auto industry mostly uses older, less advanced chips, which means the machines to make them aren’t being produced anymore. So people are searching the country for old chip factories that shut down to get their equipment. Prices for that used equipment shot up over the last 6 months. That’s not good news for automakers.</p><p></p><p>As far as not making these chips in America, didn't Trump try to make this happen with Foxconn? Nothing clearly came of it.</p><p></p><p>"President Joe Biden is aware of the issue and the threats posed by relying too heavily on foreign manufacturing. As part of <a href="https://www.businessinsider.com/what-to-expect-in-bidens-2-trillion-infrastructure-package-2021-3" target="_blank">Biden's $2 trillion infrastructure plan</a>, there's a $50 billion allotment for domestic chip manufacturing incentives. </p><p></p><p>In a Monday meeting, Biden said the key to navigating the current chip shortage crisis is to invest in the country's chip production.</p><p></p><p>"We need to build the infrastructure of today and not repair the one of yesterday," Biden said, according to <a href="https://www.nbcnews.com/business/business-news/biden-auto-executives-chip-makers-meet-bid-solve-crippling-shortages-n1263847" target="_blank">NBC News.</a> "The plan I propose will protect our supply chain and revitalize American manufacturing."</p><p>President Joe Biden is aware of the issue and the threats posed by relying too heavily on foreign manufacturing. As part of <a href="https://www.businessinsider.com/what-to-expect-in-bidens-2-trillion-infrastructure-package-2021-3" target="_blank">Biden's $2 trillion infrastructure plan</a>, there's a $50 billion allotment for domestic chip manufacturing incentives. </p><p></p><p>In a Monday meeting, Biden said the key to navigating the current chip shortage crisis is to invest in the country's chip production.</p><p></p><p>"We need to build the infrastructure of today and not repair the one of yesterday," Biden said, according to <a href="https://www.nbcnews.com/business/business-news/biden-auto-executives-chip-makers-meet-bid-solve-crippling-shortages-n1263847" target="_blank">NBC News.</a> "The plan I propose will protect our supply chain and revitalize American manufacturing."</p><p><a href="https://www.businessinsider.com/why-us-doesnt-make-chips-semiconductor-shortage-2021-4" target="_blank">The US produces just 12% of the world's computer chip supply. Here's why it's trailing China when it comes to manufacturing and how it plans to get ahead.</a></p></blockquote><p></p>
[QUOTE="VRYALT3R3D, post: 16613718, member: 131770"] The chips themselves take 6 months to make from start to finish. And getting the machines that make them can take even longer. The auto industry mostly uses older, less advanced chips, which means the machines to make them aren’t being produced anymore. So people are searching the country for old chip factories that shut down to get their equipment. Prices for that used equipment shot up over the last 6 months. That’s not good news for automakers. As far as not making these chips in America, didn't Trump try to make this happen with Foxconn? Nothing clearly came of it. "President Joe Biden is aware of the issue and the threats posed by relying too heavily on foreign manufacturing. As part of [URL='https://www.businessinsider.com/what-to-expect-in-bidens-2-trillion-infrastructure-package-2021-3']Biden's $2 trillion infrastructure plan[/URL], there's a $50 billion allotment for domestic chip manufacturing incentives. In a Monday meeting, Biden said the key to navigating the current chip shortage crisis is to invest in the country's chip production. "We need to build the infrastructure of today and not repair the one of yesterday," Biden said, according to [URL='https://www.nbcnews.com/business/business-news/biden-auto-executives-chip-makers-meet-bid-solve-crippling-shortages-n1263847']NBC News.[/URL] "The plan I propose will protect our supply chain and revitalize American manufacturing." President Joe Biden is aware of the issue and the threats posed by relying too heavily on foreign manufacturing. As part of [URL='https://www.businessinsider.com/what-to-expect-in-bidens-2-trillion-infrastructure-package-2021-3']Biden's $2 trillion infrastructure plan[/URL], there's a $50 billion allotment for domestic chip manufacturing incentives. In a Monday meeting, Biden said the key to navigating the current chip shortage crisis is to invest in the country's chip production. "We need to build the infrastructure of today and not repair the one of yesterday," Biden said, according to [URL='https://www.nbcnews.com/business/business-news/biden-auto-executives-chip-makers-meet-bid-solve-crippling-shortages-n1263847']NBC News.[/URL] "The plan I propose will protect our supply chain and revitalize American manufacturing." [URL="https://www.businessinsider.com/why-us-doesnt-make-chips-semiconductor-shortage-2021-4"]The US produces just 12% of the world's computer chip supply. Here's why it's trailing China when it comes to manufacturing and how it plans to get ahead.[/URL] [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Ford Production -- Ouch!
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