The TSMC Arizona chip plant is behind schedule, over budget, and the subject of contention in online forums – and now an analyst says that it will be little more than a useless paperweight, even when it does finally begin production.
Not only will it only make chips for older Apple devices, but it can’t even complete the process of making those without sending them back to Taiwan for final assembly …
TSMC Arizona chip plant will be a paperweight, says analyst
Tag: Trump tariffs
Secret Intelligence Leaks vs. Basic Common Sense
Historical Examples
During 1940 the determined efforts of President Franklin Roosevelt to involve America in the war against Hitler’s Germany were blocked by the overwhelming opposition of the American people, running at 80% according to some polls. A group of young Yale Law School peace activists had launched the America First Committee and it quickly attracted 800,000 members, becoming the largest grassroots political organization in our national history. The leadership of the AFC included many of our most prominent business and journalistic figures, and famed aviator Charles Lindbergh, one of our greatest national heroes, served as its top spokesman.
Secret Intelligence Leaks vs. Basic Common Sense
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Read More »US Sanctions to Cripple Chinese Innovation Backfires
Huawei unveils its latest Mate 60 Pro smartphone powered by a 7nm processor, completely designed and manufactured in China
US Sanctions to Cripple Chinese Innovation Backfires
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Chinese AI groups use cloud services to evade US chip export controls (all anonymous sources)
China’s SMIC Allegedly Violated U.S. Sanctions Selling Chips to Huawei
Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State

The manufacturing project became infamous when former President Trump broke ground at the site and red flags became immediately apparent.
Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State
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Trump promised this Wisconsin town a manufacturing boom. It never arrived.
Roughly 100 homeowners and farmers were forced to move, sometimes under threat of eminent domain, so their properties could be bulldozed to make way for the campus, according to residents and village officials. The village paid more than 40 percent over market value for that land, officials noted.
Yellen’s Visit To China Has Failed
Treasury Secretary Janet L. Yellen visited China. There she tried to press the worlds biggest economy on several issues.
Yellen, in Beijing, Criticizes China’s Treatment of U.S. Companies – NY Times, July 7, 2023
Yellen Urges China to Step Up Climate Finance Investments – NY Times, July 7, 2023
U.S. Raises Pressure on China to Combat Global Fentanyl Crisis – NY Times, July 7, 2023
Yellen’s Visit To China Has Failed
Psychopathic hypocrite criticizes China, for using subsidies, when the CHIPS and Science Act gives $52 billion, in subsidies, to semiconductor companies!
US-China tensions: Biden calls Xi a dictator a day after Beijing talks

US President Joe Biden has called Chinese President Xi Jinping a dictator at a fundraising event in California.
US-China tensions: Biden calls Xi a dictator a day after Beijing talks
Good to see that the status quo is changing. /s
Donald Trump Is Promising Peace In A Second Term. War With Iran Seems More Likely.
To hear Donald Trump tell it, a vote for him in 2024 is a vote for world peace.
Donald Trump Is Promising Peace In A Second Term. War With Iran Seems More Likely.
Related:
Mar-a-Lago classified papers held U.S. secrets about Iran and China
Lawyers Unable to Find Document Trump Discussed in Recorded Conversation
Yellen Says Bid to Decouple From China Would Be ‘Disastrous’
The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.
Yellen Says Bid to Decouple From China Would Be ‘Disastrous’
Unexpected: Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class + More
We’ve certainly been talking a lot about the “AI Doomers” who insist that AI is all too likely to destroy humanity. However, even people who aren’t fully on board with the existential threat of AI do often say that, at the very least, it’s going to destroy jobs for most people, potentially creating huge problems. For years now, people have been arguing for universal basic income, in large part, because they think that automation and AI will take away everyone’s jobs. I mean, it was a core plank of Andrew Yang’s silly run for President.
Studies Suggest That Rather Than Killing Jobs, AI Could Revive The Middle Class
Related:
[2017] “Another kick in the teeth”: a top economist on how trade with China helped elect Trump
David Autor believes both these things to be true: one, that Donald Trump’s diagnosis of trade with China as the source of woe for countless American workers was both accurate and a crucial part of his appeal on his march to the White House. And two, that Trump’s plan to help those workers by cracking down on trade is likely to backfire.
The US is fine with China’s economic success, as long as it’s on Washington’s terms
Treasury Secretary Yellen says engagement with Beijing is possible, as long as American ‘leadership’ is preserved
The US is fine with China’s economic success, as long as it’s on Washington’s terms
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