376
submitted 7 months ago by dessalines@lemmy.ml to c/usa@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] You999@sh.itjust.works 21 points 7 months ago* (last edited 7 months ago)
[-] queermunist@lemmy.ml 13 points 7 months ago

And did that money go directly into production?

Or did it pad some folks pockets?

[-] You999@sh.itjust.works 3 points 7 months ago

Here's some highlights from the sources I put in the original comment since you can't be asked to open them...

Clay, New York: Funding will support the construction of the first two fabs of a planned four fab “megafab” focused on leading-edge DRAM chip production. Each fab will have 600,000 square feet of cleanrooms, totaling 2.4 million square feet of cleanroom space across the four facilities—the largest amount of cleanroom space ever announced in the United States and the size of nearly 40 football fields.

Boise, Idaho: Funding will support the development of a high-volume manufacturing (HVM) fab, with approximately 600,000 square feet of cleanroom space focused on the production of leading-edge DRAM chips. The fab would be co-located with the company’s existing, leading-edge R&D facility to improve efficiency across its R&D and manufacturing operations, reducing lags in technology transfer and cutting time-to-market for leading-edge memory products.

at least $40 million in dedicated CHIPS funding for training and workforce development to ensure local communities have access to the jobs of the future.

the U.S. Department of Energy (DOE) through its Loan Programs Office (LPO) today announced the closing of a $362 million loan to CelLink Corporation (CelLink) to help finance the construction of a domestic manufacturing facility that will produce components essential to electric vehicle (EV) assembly. Located in Georgetown, Texas, the facility will develop lighter and more efficient flexible circuit wiring harnesses—sets of wires and related equipment that relay information and carry electricity throughout vehicles. Once fully operational, the facility is expected to produce enough wiring harnesses to support the manufacture of approximately 2.7 million EVs per year and create 165 construction jobs and more than 1,200 permanent jobs.

The official source for the solar for all does have a broken link which is supposed to direct you here where it explain each of the 60 grants that were issued.

To awnser your question, production.

[-] queermunist@lemmy.ml 7 points 7 months ago

It's cool how you just take them at their word.

But my point is that none of this is being done efficiently. Instead, middlemen siphon money from the project to pad their pockets and stretch out the timelines for completion. I won't be surprised if some of these projects go over budget, over time, or need additional funding.

Wake me up when these projects complete. Then we can look at how much they really cost and how long it really took and how much they really produce.

[-] UnpluggedFridge@lemmy.world -2 points 7 months ago

Love how you slide them goalposts around

[-] queermunist@lemmy.ml 5 points 7 months ago

The money does not go directly to production, that's the goal post. It goes through a dozen people's hands before the ground is ever broken on one of these projects, and every one of those hands takes their cut to pad their pockets. That was my point.

[-] Sam_Bass@lemmy.ml 2 points 7 months ago

Located in texas isnt likely to sit well with baron von abbott and his henchmen

[-] exanime@lemmy.world -1 points 7 months ago
[-] Maggoty@lemmy.world 6 points 7 months ago

Wait we gave the Auto industry money for EVs and 50k SUVs were the result? Holy shit, that's right up there with giving 4 billion to the telecoms for no actual network expansion.

[-] fmstrat@lemmy.nowsci.com 2 points 7 months ago

This is helpful, thank you.

[-] Sam_Bass@lemmy.ml 1 points 7 months ago

No nearly enough to fight the petroleum machine.

this post was submitted on 14 May 2024
376 points (96.1% liked)

United States | News & Politics

7309 readers
335 users here now

founded 4 years ago
MODERATORS