this post was submitted on 01 Oct 2025
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Taiwan refuses to move half of U.S.-bound chip production to American shores — trade discussion to be focused on Section 232 investigation for preferential deal on semiconductors (www.tomshardware.com)
submitted 1 day ago by commander@lemmy.world to c/technology@lemmy.world
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[–] InternetCitizen2@lemmy.world 2 points 20 hours ago (1 children)

Your points are exactly why it is surprising. Most executives don't think like me and you. If you give them a million dollars, they say they need 10 million. If you give them a billion dollars, they say they need 10 billion.

I think hidden in there is a misconception about capitalism, that its about competition and being the best. While its a nice myth for grade school civics about why we are capitalist its just not the case. Capitalism is about profit. As long as you have it and its growing you are doing well. Intel did get very complacent, but it was still projected to grow and be profitable.

[–] LwL@lemmy.world 1 points 10 hours ago

Well, it's about maximum profit. So if they could make more, it's insane that they wouldn't. But it might be that profit in the short term was higher by not spending as much money on R&D, and if there's one thing stock markets are great at it's incentivizing short term profit over long term viability.