Thread

1. bsoqk · 1790205152 · focus · HN ↗

   > So far, however, the law has done little to spur the construction of new semiconductor factories in Europe. The European Court of Auditors concluded last year that the EU is unlikely to achieve its goal of doubling Europe’s share of the global chip market by 2030.

   They should make another law and probably a few more commissions of auditors.

   1. philipallstar · 1790426025 · focus · HN ↗

      [dead]

      1. Grimburger · 1790427706 · focus · HN ↗

         I get its sarcasm but TSMC has done so much to try to get the Americans getting some decent yields in their new factories and it's failing so hard, there's real questions about whether they can ever meet their targets. They've sent thousands of existing Taiwanese workers to help at this point and from anecdotal things I hear it's not going well. (I live in Taiwan)

         This stuff is all blood, sweat and tears to get it done, and to be honest a culture.

         You can't just buy it off the shelf. If that was possible everyone would have gone paid for it like an Ikea product years ago.

         1. skippyboxedhero · 1790430205 · focus · HN ↗

            Investment is risky and uncertain. If you did not do anything because it might fail, you would do nothing at all.

            The inability to cope with failure is a culture that is common in Europe. Failure is so personally devastating, so destructive to social and cultural standing that not only must you not take risks but other people must be actively prevented from taking risk.

            Maybe the US investment doesn't work, but the US will have tried at least. Taiwan is, ironically, the perfect example of where the initial impetus came from the government because there was no culture of risk-taking. Parts of Europe have a savings culture that is very similar to Taiwan and led to very poor growth and very high inequality.

            If the US keeps trying, they will succeed. On here, the view was that China could never build out this capacity, they did. The only way to guarantee failure is to never try.

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