According to Fareed Zakaria, a columnist and CNN host on the” Firing Line” interview that took place on May 1 and was made public on Friday, the way we’re subsidizing chip companies is n’t working because Intel, the biggest recipient of subsidies, “lost out” in making the most cutting-edge chips of the last generation. It’s losing out to Nvidia in making the trimming- top cards for the Artificial generation”.
Zakaria said, ]relevant notes begin around 21: 45]” The U. S. is then copying the Chinese type, simply, where funding device corporations to manufacture in the U. S. I’m not sure we’re doing it right. Look at Intel, the business we selected to provide the most grants to. In fact, Intel is the company that, in the past, outperformed TSMC in producing the most cutting-edge cards. It’s losing out to Nvidia in making the trimming- top cards for the Artificial generation”.
Host Margaret Hoover then said,” You’re saying government should n’t pick winners and losers”.
Zakaria responded,” Well, you look at it and you say to yourself, you can see why they picked Intel. It’s healthy. It’s stable. It’s kind of like the IBM of the moment. However, the market has changed and there have been new entrepreneurs by the time a business becomes …so stable and secure that the government is ready to pick it up.
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