Ukrainians sue US chip firms for powering Russian drones, missiles
Tag: Intel
What the Most Famous Book About Trauma Gets Wrong
CBS journalist lights himself on fire over in Washington over US media coverage of Gaza war
A journalist reportedly working with CBS News has lit himself on fire to protest the biased US media coverage of Israel’s genocidal war in Gaza which has killed tens of thousands of people including women and children.
CBS journalist lights himself on fire over in Washington over US media coverage of Gaza war
Related:
Aaron Bushnell’s Extreme Act of Protest & Why the World Would be Better if He was Still With Us (odysee)
Intel shares fall 20% on plans to cut 15,000 jobs
Intel on Thursday revealed drastic plans to slash its employee headcount and capital spending in an attempt to put its business back on a stable financial footing, as it suffered the latest setback in its slow-moving turnaround plans.
Related:
US CHIPS Act Funding for Intel
On March 20, 2024, the U.S. Department of Commerce and Intel Corporation announced a preliminary memorandum of terms under which Intel will receive approximately $8.5 billion in direct funding under the CHIPS and Science Act. Funding will help advance Intel’s critical semiconductor manufacturing and research and development projects at sites in Arizona, New Mexico, Ohio and Oregon – U.S. locations where the company produces some of the world’s most advanced chips and semiconductor packaging technologies.
Meanwhile, in China:
China’s ‘basic self-sufficiency’ in chip-making tools could come this summer, veteran says
Trump and Biden, Republicans and Democrats all agree: affordable Chinese cars should be banned
Related:
Trump’s attacks on Chinese cars strike a chord — with both parties
“Ohio knows all too well how China illegally subsidizes its companies, putting our workers out of jobs and undermining entire industries from steel to solar manufacturing,” Brown said in a statement. “We can’t wait for China to run this same playbook in the auto industry — we need strong rules, including but not limited to tariffs, to stop a flood of Chinese electric vehicles that threaten Ohio auto jobs.”
…
He said the average price gap between a Chinese vehicle and its U.S.-made counterpart ranges from 44 percent to 179 percent. “That is a massive gap,” the executive said. “Tariffs alone aren’t going to take care of that.”
Reuters: Mexico yields to US pressure on incentives for Chinese car makers
He said that such incentives have declined during the government led by President Andrés Manuel López Obrador, who took office in late 2018, although they have been offered to large investors such as Audi.
Hypocrisy, Thy Name is the United States:
Read More »Orban’s Political Longevity: Hatred from EU Bigwigs Makes Him Popular at Home + Who is Orban’s CHALLENGER? A NEW Navalny.
The recent “protests” against Orban in Budapest were a storm in a teacup. Although less than 0.01 percent of Hungary’s population participated, they made the front pages in the mainstream press. What was behind them? Eurocrats’ fear of Orban’s chairmanship at the EU Council of Ministers, which starts in July, and his call for dialogue with Russia.
Orban’s Political Longevity: Hatred from EU Bigwigs Makes Him Popular at Home
I’ll try to look into this more, later.
Read More »SCS Tension Affecting Entry Of Foreign Investors In Philippines
The heightening tension between the Philippines and China over the disputed West Philippine Sea (WPS) could impede the entry of foreign investors into the country.
WPS Tension Affecting Entry Of Foreign Investors In PH
Related:
US, European Companies pour Investments to Neutral Malaysia instead of Western-ally Philippines
Biden admin awards $8.5B to Intel for advanced chips
Biden admin awards $8.5B to Intel for advanced chips
Commerce Secretary Gina Raimondo said the agreement will set the U.S. up to meet its target of producing 20% of the globe’s leading-edge chips by the end of the decade.
FDA Weighs New Application To Approve MDMA As First-Ever Psychedelic Medicine For PTSD + More About MAPS
A psychedelics-focused drug development company is officially asking the Food and Drug Administration (FDA) to review an application to approve MDMA as a prescription medication for the treatment of post-traumatic stress disorder (PTSD).
The MAPS Public Benefit Corporation (MAPS PBC) announced on Tuesday that it submitted the new drug application (NDA) to FDA, requesting an expedited review given that the agency previously designated the psychedelic as a breakthrough therapy.
FDA Weighs New Application To Approve MDMA As First-Ever Psychedelic Medicine For PTSD
H/T: The Most Revolutionary Act
The MAPS Public Benefit Corporation is subsidiary of Multidisciplinary Association for Psychedelic Studies. MAPS was founded by Rick Doblin.*
Related:
Read More »US tightens rules on AI chip sales to China in blow to Nvidia
US tightens rules on AI chip sales to China in blow to Nvidia
Nvidia chief executive Jensen Huang told the Financial Times earlier this year that the 2022 controls had left the Silicon Valley company with its “hands tied behind our back” by barring sales of its most advanced chips to China. He has said further restrictions could seriously harm US chipmakers by eating into their ability to finance investment.
Related:
China ups export curbs on key EV battery component, safeguarding graphite amid US tensions
Ms. Cat’s Chronicles 
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