Economy Industrial High Tech (Redux)

[Deorum]

Yep. They both got lazy and worried about stock prices and what was cool. I got burned by Boeing I sold all my shares after the second max crash. Was my biggest holding. Focusing on finances is bad at a certain point. Especially when you’re outsourcing programming to mediocre Indian programmers for flight control.
intel is kinda like big tobacco, a large profitable company with a shrinking main business.
Wonder why they haven’t done any acquisitions? The world has been ok with major buy outs and they could use the new blood like IBM got with buying red hat.

You still down with Texas Instruments?

 

[ElKarlo]

You still down with Texas Instruments?

Yep. Been a great ride for me.
Btw Foxconn is trying to lock out intel fro high end production. Have to find the comments in it but it’s interesting that if intel stops being able to produce its own high end semis that basically no one else can that isn’t Foxconn

 

[PajamaSnugz]

I find your commentary on integrated circuits to be rather shallow and pedantic.

Shallow like the communist mass graves in Kiev?

 

[Trotsky]

Shallow like the communist mass graves in Kiev?

Whoosh, right over his head

 

[PajamaSnugz]

Whoosh, right over his head

Whoosh, over his head like the pick axe that went into trotskys skull?

 

[Trotsky]

Whoosh, over his head like the pick axe that went into trotskys skull?

Uh....no.

Going over a head is different than going into a head. An axe going over your head wouldn't harm you. An axe going into your head would.

Are you retarded?

 

[PajamaSnugz]

Uh....no.

Going over a head is different than going into a head. An axe going over your head wouldn't harm you. An axe going into your head would.

Are you retarded?

Retarded like rain man, bitch. And I only count 21 chromosomes, pilgrim.

 

[Deorum]

Yep. Been a great ride for me.
Btw Foxconn is trying to lock out intel fro high end production. Have to find the comments in it but it’s interesting that if intel stops being able to produce its own high end semis that basically no one else can that isn’t Foxconn

Texas Instruments is a damn solid company and still by far the world's leading producer of Analog IC's. That's their primary submarket and niche in the same way Intel focuses on µP, Qualcomm for SoC, Micron with DRAM and Nvidia with GPU chips.

 

[ElKarlo]

Texas Instruments is a damn solid company and still by far the world's leading producer of Analog IC's. That's their primary submarket and niche in the same way Intel focuses on µP, Qualcomm for SoC, Micron with DRAM and Nvidia with GPU chips.

Yeah they’ve really conquered the middle market. Analog is t super hard but it’s not junk either. So the lower tier guys can’t replicate the quality and the high margin guys don’t want it. Also liked how TI abandoned a lot of the lower margin or no margin cellphone parts and concentrate on a few pieces instead. ten again hitachi and others walked away from that market too last decade.
looks how Broadcom is getting into security. Pairing security with physical devices might be the future

 

[Deorum]

I hear ya, and in some ways you are right.

Along with CHIPS as mentioned in the OP, there is also the American Foundries Act; a bipartisan bill introduced back in June, I believe.

The American Foundries Act includes something like $5 billion for defense grants and another $5 billion in grants for R&D.

Intel is, no doubt, going to benefit, but $5 billion is paltry compared to their almost $80 billion (9/30/19 - 9/30/20) yearly revenue.

Fuck, that's just utterly laughable. Intel spent $7 billion on machinery alone to finish Fab 42. The total capex in their Arizona fabs is over $35 billion at this point. TSMC's $12 billion investment here? That's all going towards a single factory. The running costs of the consumables alone (liquid nitrogen, hydrogen gas, solvents, etchants, acids, etc.) once they're operational is also through the roof.

 

[Source]

Is CHIPS a ploy to get the US government to help fund 450mm fabs. 450 is going to happen but who is going to blink first? A large government aid package could get the ball rolling.

 

[Long Dark Blues]

Fuck, that's just utterly laughable. Intel spent $7 billion on machinery alone to finish Fab 42. The total capex in their Arizona fabs is over $35 billion at this point. TSMC's $12 billion investment here? That's all going towards a single factory. The running costs of the consumables alone (liquid nitrogen, hydrogen gas, solvents, etchants, acids, etc.) once they're operational is also through the roof.

I just looked it up again, The American Foundries Act would provide $15 billion in grants for commercial manufacturing on top of the $10 billion combined for defense and R&D. Guess I forgot about the commercial portion of the bill.

Still quite laughable against Intel's numbers.

The bill would also require the DoD to buy American made components, and use American-based design and manufacturing services. This is where I think Intel might benefit the most from the bill.

https://www.congress.gov/bill/116th-congress/senate-bill/4130/text

https://www.forbes.com/sites/willys...ding-semiconductor-foundries/?sh=3b3fca9c58ed

 

[Deorum]

I just looked it up again, The American Foundries Act would provide $15 billion in grants for commercial manufacturing on top of the $10 billion combined for defense and R&D. Guess I forgot about the commercial portion of the bill.

Still quite laughable against Intel's numbers.

The bill would also require the DoD to buy American made components, and use American-based design and manufacturing services. This is where I think Intel might benefit the most from the bill.

https://www.congress.gov/bill/116th-congress/senate-bill/4130/text

https://www.forbes.com/sites/willys...ding-semiconductor-foundries/?sh=3b3fca9c58ed

My best friend (RIP </3) worked for Microchip Technology (MCHP) which is headquartered here and the founder, chairman and chief executive is a former Intel engineer. I've been to dinner parties at his $15 million mansion up in Paradise Valley, dude's cool as fuck lol. Anyhow, the point I'm getting to here is that his company is a world leading designer (and manufacturer) of microcontrollers, which have really versatile applications in myriad end markets. The DoD is one of their customers.

 

[Deorum]

 

[Deorum]

security

the DoD

The Department of Defense budget always elicits eye rolls from me because I find America's current posture bulky, archaic and wasteful (As Fuck). I've been calling repeatedly for a substantial amount of defense spending to at the least be redirected towards more investment in quantum information systems, artificial intelligence, robotics and emergent bio-technologies, which will naturally yield both defense and non-defense applications.

However, I'm admittedly excited to see what NG came up with on the B-21 Raider that is supposed to be rolled out this year. The B-2 was a revolutionary blend of advanced materials, stealth tech and aerodynamic efficiency. It's 30 years old now and still beyond exotic, was worth every penny. It's not too disimilar to keeping the SLBM launching nuclear submarines on hand. It's a deterrent and centerpiece of national defense, but has the versatility to be a weapon of standard warfare with conventional bomb dropping and intelligence gathering capabilities.

 

[ElKarlo]

The Department of Defense budget always elicits eye rolls from me because I find America's current posture bulky, archaic and wasteful (As Fuck). I've been calling repeatedly for a substantial amount of defense spending to at the least be redirected towards more investment in quantum information systems, artificial intelligence, robotics and emergent bio-technologies, which will naturally yield both defense and non-defense applications.

However, I'm admittedly excited to see what NG came up with on the B-21 Raider that is supposed to be rolled out this year. The B-2 was a revolutionary blend of advanced materials, stealth tech and aerodynamic efficiency. It's 30 years old now and still beyond exotic, was worth every penny. It's not too disimilar to keeping the SLBM launching nuclear submarines on hand. It's a deterrent and centerpiece of national defense, but has the versatility to be a weapon of standard warfare with conventional bomb dropping and intelligence gathering capabilities.

It is interesting that even the stealth program is so far ahead of others. I guess it takes layers upon layers to get to that stage.
We def need more internet and other security. The military is so full of waste and bloat. My dad and brother are both vets. They both have stories of pointless massive watses

 

[Deorum]

It is interesting that even the stealth program is so far ahead of others. I guess it takes layers upon layers to get to that stage.
We def need more internet and other security. The military is so full of waste and bloat. My dad and brother are both vets. They both have stories of pointless massive watses

The only two current DoD programs I don't criticize or even give skeptical looks in terms of budget and cost are the B-21 Raider and Columbia-Class SSBN-X's, which will serve as the country's sea-based nuclear delivery system from 2030-2085. Those black death machines are the ultimate deterrent and basically at the core of national security.

And yeah, the B-2 Spirit was so out this world advanced that it technically doesn't even need to be replaced at this juncture. Northrop Grumman also tends to be less fucky than other aerospace and defense contractors in terms of constant bullshit "delays" and (successful) attempts to milk every last penny out of cost-plus government contracts.

 

[Deorum]

Do you like our "Boomers", @KnightTemplar? There's 14 active Ohio-Class nuclear submarines prowling the oceans virtually undetectable and people at the highest levels of government that don't even know where the fuck they are at any given time. The Trident II ballistic missiles they have on board re-enter the atmosphere at Mach 24 and split up into eight independent re-entry vehicles that each carry a 475 kiloton nuclear warhead. A full deployment from just one of them would let off 192 warheads in less than a minute and strike targets from distances of up to 12,000 km. So 2,688 nukes in 60 seconds or less if they all got busy. And that's just the SLBM leg of triad. The UK has a similar setup, but far less subs and no land or air based delivery systems.

 

[Deorum]

Yeah I mean Biden they say he is a China shill bill more than Obama, but that may have change or what not.

China in 2020 had the largest GDP growth in 15 years some analysts have said.

At this point they are poise to dominate the rest of Asia they dont even need to surpass the USA to do that the only thing that is lacking is a more general cultural acceptance of Chinese soft power culture.

Western based pop Culture still dominates at this point but that could change.

But I am not sure if they can replace the west more so the USA.

There are still more people from Asia who wants imigrate to America than Beijing.

All roads lead to Rome as they say.

I'm interested to see what kind of federal R&D budget he proposes.

 

[ElKarlo]

The only two current DoD programs I don't criticize or even give skeptical looks in terms of budget and cost are the B-21 Raider and Columbia-Class SSBN-X's, which will serve as the country's sea-based nuclear delivery system from 2030-2085. Those black death machines are the ultimate deterrent and basically at the core of national security.

And yeah, the B-2 Spirit was so out this world advanced that it technically doesn't even need to be replaced at this juncture. Northrop Grumman also tends to be less fucky than other aerospace and defense contractors in terms of constant bullshit "delays" and (successful) attempts to milk every last penny out of cost-plus government contracts.

BTW https://seekingalpha.com/news/3648384-tsmc-may-announce-record-high-capex-of-20b-in-2021 TSMC is going to go on some serious Capex spending here.

B-2 is an odd plane even for a stealth. It is amazing how well they have done and our XP with them will be a deterrent to China that only has XP killing it's own people.

Yes, seems many of the airplane projects go Pentagon Wargames on us. F-35, the Osprey, the Boeing tanker based on the 767 etc