US Gives Intel Billions and May Sanction Huawei’s Network

Рет қаралды 9,623

2 ай бұрын

The United States will award Intel with $8.5 billion in grants and up to $11 billion in loans to help fund an expansion of its semiconductor factories. Bloomberg Intelligence senior technology analyst Mandeep Singh breaks down the historic funding package and explains why the White House may look to blacklist a number of Chinese semiconductor firms linked to tech manufacturer Huawei. Mandeep speaks with Paul Sweeney and Jennifer Ryan on Bloomberg Radio.
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Пікірлер: 65

@kangleonglim1934 2 ай бұрын

US goverment funding corporate is ok, other countries funding their private sector is an issue. Very ironic

@user-qd8yg1fp7i 2 ай бұрын

white man speak with forked tongue...

@ibrahimalharbi3358 2 ай бұрын

In the past: Iraqi who threw his shoes at Bush! Now, the world would threw their shoes at "...."

@mariajiao4855 2 ай бұрын

The empire's power is weakening. We can all sense that.

@QuantumBits0 2 ай бұрын

Why? because they're subsidizing intel? China heavily subsidize their EV industry and now Chinese EV dominates the global EV Market

@bubuneowoo6161 2 ай бұрын

Because Huawei is giving them nightmares. Pathetic

@mujur9101 2 ай бұрын

@@QuantumBits0because US is sanctioning China's companies. 😅😅😅

@chenchen2824 2 ай бұрын

I am using Huawei phone, the product is really good.

@CO8848_2 2 ай бұрын

That's why the US should stop letting communists immigrate here.

@estiennetaylor1260 2 ай бұрын

Biggest hypocrite in the world!

@ibrahimalharbi3358 2 ай бұрын

In the past: Iraqi who threw his shoes at Bush! Now, the world would threw their shoes at "...."

@factstruths8387 2 ай бұрын

Isn’t this subsidy same as they screamed tht many companies in China getting subsidies.??

@user-qd8yg1fp7i 2 ай бұрын

Yes. Hypocrisy.

@Quancept 2 ай бұрын

Rules for the barbarians, not for us.😂

@Nabrolo 2 ай бұрын

Subsidies become an issue when they use that to sell products below market price abroad.

@jackliao15935441 2 ай бұрын

correct, but you know this is a world of double standards and everyone is fighting for supremacy.

@Quancept 2 ай бұрын

@@Nabrolo the US government heavily subsidized the commercial aviation industry in the earlier days of its growth. The core issue here is not the free market or WTO rules, it's the encroachment of a third world nation into a certain sacred sector of industries monopolised by the neo-colonialists(high tech, high margin). Ask the Japanese what happened to their semiconductor industry.

@user-wq4fb7zt8y 2 ай бұрын

Admire Americans' honesty for not hiding their hooliganism.

@ibrahimalharbi3358 2 ай бұрын

In the past: Iraqi who threw his shoes at Bush! Now, the world would threw their shoes at "...."

@CO8848_2 2 ай бұрын

True, China bans TikTok but says US forcing TikTok divestment is against Chinese law, that's how China does it.

@rickoffee 2 ай бұрын

@3:50 - he explains why sanctions are very "important" and it has nothing to do with security (well, maybe economic and financial "security" but not about the backdoors, spying, etc we were led to believe).

@winsonip4447 2 ай бұрын

In the past, China used to import chips worth $300 billion annually. However, due to pressure from the US, they are now compelled to establish a self-reliant semiconductor supply chain devoid of any Western components. Beijing simply needs to adhere to the entities designated by Washington in order to chart their roadmap.

@CO8848_2 2 ай бұрын

Yeah, do that, like the Soviet union. Keep the $300 billion.

@winsonip4447 2 ай бұрын

@@CO8848_2 The US CHIPS Act provides a one-time subsidy of $280 billion. These subsidies are crucial for US advanced chip manufacturers, as they heavily rely on the hundreds of billions of dollars in orders from China to sustain their businesses. However, once China overcomes its technological hurdles, these manufacturers will not only lose access to the lucrative Chinese market, but they will also face a formidable new competitor. This scenario mirrors the dynamics seen in the smartphone and EV sectors, where copying and competition have been prevalent. We appreciate President Biden's decision to impose further sanctions on China, but only time will tell how this situation unfolds and how many US and its ally companies will be impacted by the entity list.

@user-qd8yg1fp7i 2 ай бұрын

watching from my mate60 pro.

@CO8848_2 2 ай бұрын

Understood, all the more reason should stop allowing Chinese STEM students inflow into the US.

@nodi1217 2 ай бұрын

We are making countries and corporations stronger with these sanctions

@mariajiao4855 2 ай бұрын

Sounds you are trying to be sarcastic

@7hx89 2 ай бұрын

You mean those being sanctioned. 😂

@bchalcyonhalcyon3730 2 ай бұрын

Intel used to dominate the chip market for decades, what happen? Now accepting corporate welfare/handout.Where are all those profits from years of selling cpu.

@mariajiao4855 2 ай бұрын

Intel is the new big 3

@YSKWatch 2 ай бұрын

after building 14nm fab, they can't (failed) to build smaller fab. the money? probably goes to those failed projects.

@JuanchoTarrica 2 ай бұрын

Check the CEO's coat packet

@CO8848_2 2 ай бұрын

They decided MBAs should run the company, who smartly calculated that NOT making chips for the iPhone was good for shareholders.

@user-yw4rx6kb3r 2 ай бұрын

Corporations and military goes hand in hand. Military protects corporations.

@elden6629 2 ай бұрын

The host's interventions are asinine

@ScentlessSun 2 ай бұрын

Every time, we the USA, use sanctions we increase the likelihood that economies around the world will look to a currency that isn’t the U.S. dollar to conduct commerce. Sanctions are an economic tool that if overused will encourage dedollarization of the global economy.

@mssv19123 2 ай бұрын

Can't control Huawei, can't control Tik Tok......Rome empire started to crumble...

@giganigga9624 2 ай бұрын

Sure let’s give our biggest enemy access to our infrastructure. You stupid sheep

@7hx89 2 ай бұрын

Well my lady before you were asking whether the sanctions against Huawei’s new phone or the company would be effective, do you think you need to ask are the ongoing and potential measures justified for a good cause? 5:18

@buravan1512 2 ай бұрын

*THE WRITING IS ON THE WALL..😋* you can't handle CHINA, dont try to compete where you dont compare.

@mgronich948 2 ай бұрын

Will the subsidies help Intel catch up to TSMC? Mandeep said it, the capex of TSMC is > 40B. The 8B in grants is great but put it into perspective. In order for this US govt investment to pay off. Intel needs to technologically catch up to TSMC. Right now Intel is delivering 7nm and Huawei the most sanctioned company in China is delivering 7nm. Lets say Intel catches up in technology. Can Intel then produce in quantity at a competitive price. TSMC said their US factory has 30% higher costs than Taiwan fabs. When a customer is buying a few billion of product, 30% is a big deal. Right now there's a huge AI build out. And Nvidia is getting the lion's share. But next year companies will be "using" their AI machines not building more. If the AI hardware market plataeus, Intel is stuck with a huge investment with not enough customers.

@blacksheepshepherd 2 ай бұрын

Just to be blunt, any other country that has better technology or business model will be robbed in time.

@vadergrd 2 ай бұрын

makes sense , they are protecting their industry , china is making the same ... funding this strategic domain ...

@xiaofengwang9541 2 ай бұрын

By the end of this decade, by 2030, the United States of America will be the only country in the world where new chip architectures can be invented----Quoted from Gina Raymond. What do your allies think about this?

@exoticorb360 2 ай бұрын

What about thousands of homeless people sleeping in the street.😅😅😅😅😅😅allocate some funds for them, they really dont need billions, only millions enough for them😅😅😅😅

@brianhong301 2 ай бұрын

It does not need a genius to assess the facts as to which is a more important market. US' middle income group is diminishing whereas CN' is rising super fast. CN is moving into higher value production. US' politicians are in the back-pockets of its oligarchs who fund & control them. CN's population is nearly 4x that of US. US may make its own CHIPs but its own market is only small. US' businessmen are not as patriotic as CN's & as CN's CHIPs consumers know not to just rely on US'. Very soon, US' production will cease as not competitive, unprofitable. Any anti-CN sentiments are treated as anti-Chinese by most Chinese worldwide, Chinese is the largest race worldwide. WAKE UP middle income Americans, DUMP these current US' brainless politicians, run with Independents, ensure they use think-tanks who are true patriots to Americans & not just the oligarchs, to truly MAGA.