Sometimes it seems to me that just maybe it could be possible that the same two or three companies controlling the entire supply of a crucial component for decades at a time is not really enough to enable the magic hand of capitalism to provide a healthy competitive market.
Well once upon a time there was this thing called the CHIPS Act … and while that wouldn’t have changed up corporate ownership, it would have at least got some domestic US chip fab going…
But uh Trump shit all over that, took credit for inventing it after he basically cancelled it, and then started a trade war.
Sometimes it seems to me that just maybe it could be possible that the same two or three companies controlling the entire supply of a crucial component for decades at a time is not really enough to enable the magic hand of capitalism to provide a healthy competitive market.
Well once upon a time there was this thing called the CHIPS Act … and while that wouldn’t have changed up corporate ownership, it would have at least got some domestic US chip fab going…
But uh Trump shit all over that, took credit for inventing it after he basically cancelled it, and then started a trade war.
Art of the Deal, you see.
In case of Nvidia and AMD, the same family even.