So far, yeah. They already have a significant US operation in New Hampshire that’s being expanded and upgraded. It shouldn’t be a surprise such a company met the US production requirements first because military hardware contracts require significant levels of domestic content to begin with that BAE already meets.
Other applicants are having to establish whole new operations in the US for the first time ever. That takes a while. This kind of manufacturing needs a bit more than 4 walls, a roof, and some machines.
Grant announcements for Intel shouldn’t be too far out. Their plan is for a whole new plant which requires more planning than the route BAE went with.
Iirc Nvidia received a bunch from CHIPS too, and had to limit exports of their A100s in to China in return. A little later their managers got fat bonuses and now are working to bypass that export ban lel
The only company to have actually received money from CHIPS is the defence contractor BAE Systems.
So far, yeah. They already have a significant US operation in New Hampshire that’s being expanded and upgraded. It shouldn’t be a surprise such a company met the US production requirements first because military hardware contracts require significant levels of domestic content to begin with that BAE already meets.
Other applicants are having to establish whole new operations in the US for the first time ever. That takes a while. This kind of manufacturing needs a bit more than 4 walls, a roof, and some machines.
Grant announcements for Intel shouldn’t be too far out. Their plan is for a whole new plant which requires more planning than the route BAE went with.
They’re being “paid” to establish operations in the US… Except they’re not being paid.
And? Why would they receive the grants before conditions are met?
Are you suggesting these corporations should be given the benefits without doing anything?
They’ve met the conditions of their contract. The US gov is just being extremely slow.
Iirc Nvidia received a bunch from CHIPS too, and had to limit exports of their A100s in to China in return. A little later their managers got fat bonuses and now are working to bypass that export ban lel
Not from CHIPS if it was