general

I think I can fully agree with that if it's about parents of the omega autism non functioning children

Banging head on the wall and non verbal type

Sorta politics, but sorta just interesting

apparently we all own Intel stock now

we've nationalized 10% of Intel.... for some reason

1.3 shares/person

Yea i was reading about that earlier

My delicious golden share. Though I assumed it was just a way for them to prop up intel/US chip production further while making more money off of it directly

so are we NOT building our own chip manufacturing?

that was like, something i liked the idea of

It is the thing that prevents china from nuking the worlds technology construction industry by taking tiwan

Not having your own chip manufacturing plants is literally just letting china fuck the world on a whim

no we are Dialga, TSMC built theirs in Arizona

Intel also wanted in on it, got 50% of the way through building two of them, spent billions, and then the new CEO just decided randomly to stop a couple weeks ago

like, construction was ongoing, huge construction teams building literal megastructures

and all just got a call to stop and go home

why would they do that lmao

this is the one in New Mexico

I think the other one was in the Midwest

Ohio

Here's footage of the Ohio construction they started in 2022

$28B spent so far

and they've "paused" it

likely trying to sell it and walk away

but why

no one knows

I really mean that

because it makes no sense

their profits are down 90% btw

they are deeply fucked

its not like they wouldn't make their money back with those super important chips

there's no saving intel at this point

yes, true

it was in fact, their only options at this point

and them stopping is just completely retarded

(also FYI, don't short Intel if the US goverment is buying shares)

it's a new CEO

now, that's probably just blame shifting tbh

but it's kinda crazy to see Intel die in real-time

two beloved companies dying from incompetent new CEO decisions

I'll miss cracker barrel more

what if Phijkchu at the Ohio megastructure ruins

👉 👈

So it is because they mandated very high levels of diversity hiring from the foreign tech companies to help. Lots of the cosntruction has had borderline untrainable people/low skilled workers on the projects. Also a shit load of the moneg ahs been skimmed off the top down the chain on these projects. None of this either gets into the state and local districting & permitting level. It takes about 5 years for most factories to be built and permitted. Longer for production at meaningful scales. If you think this is crazy just looking into mining as an example it takes 15-20 years for a similar process. Oil refining is even more rediculous as no new refineries have come online since the 1970s. Also the government has been taking backdoor stakes into intel slowly and effectively nationalizing it

But this whole process has gotten so bad to where almost all the build crews, engineers, ect have to be importes and permitted fully before work cam be done because the lack of broad domestic expertise and the federal government mandates with the money being so heavily focused on ways to skim the money and push it into "diversity" mandates

It's crazy how we can't even reshore stuff anymore. It's extremely fucked

Saying corruption and grift is half the story, and yeah construction/infrastructure is especially hard-hit (on-top of regulatory BS)

I meant more that I don't think there is a public "official" reason being given at all

Not even mentioning choosing intel of all companies to try and make the head of all this reshoring is wild due to how poorly they've done.

Oh yeah absolutely not.

I have no love for Intel, and on the tech side they've fallen way behind cutting edge wafer production for years anyway

but it's alarming to see them just walk away

even if everyone sorta knew the project was behind schedule and fucked from every which direction

It just reflects the real economy. It is all so badly fucked

canceling it feeds that creeping dread that a larger systems collapse is coming

hey, nice, same conclusion lol

I have been hard on the train since 2023 bc the banking collapse

They bailed that out in real time and printed so much backdoor cash I stopped following it in 4 months

Obvious 2020 as well with those issues, but that was the hard crash in 2023 and it has just been pushed off

I'm not a doomer about the long-term outlook, because I think the foundation is there to fix things fairly rapidly

but it is kind of crazy the lengths we're going to delay delay delay

I agree

I get called a doomer for prognosticating a lot of pain though. Which a lot of pain will precipitate necessary change

but I will be out there on the National mall day 1 with the ropes and guillotine, in my finest Roamin the Paladin shirt

You knoe where I can get one now a days? I missed the window for that one tee shirt at the time lol

>missed the window by 15 years

lol

Yes

I was busy out for milk

Is there a picture of this shirt? I don't even remember it.

Rob has extras, if you really want one unirronically if you meta rp with him you can probably get one

but I go back to, people should probably just leave Rob alone

Fuck really? That shit's so gay

ok apparently that picture might just be lost to time