British government wants to give money to chip companies

@ 2023/01/27
Never mind the NHS, we want to feed a global oversupply

The UK government is trying to convince itself that if it spends billions to subsidise semiconductor companies it will help the country better compete and build resiliency and make the country great again.

Apparently, Tory Ministers who really do not understand how the chip industry works have been talking to chip companies promising billions of cash to startups and big businesses. A semiconductor task force is likely to be established to coordinate public and private support.

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