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Politics

Private sector will have to step up? They always do. - It's regulations that stand in their way.

Posted: May 10th, 2021 - 6:46 am In Reply to: Biden plan calls for 50 Billion investment - In semi-conductors

But if Biden is going to give away their intellectual property why should they?

The difficult part is our equipment installers are largely based out of Asia, and they have had problems getting into the US facilities due to quarantine policies. So for US based workers it just added to the workload. The other bad part is new hires are trained through Zoom video streams rather than being able to attend hands on training. It’s less a demand crunch than it is a supply crunch. Covid has disrupted production.

Probably announcing this to drive up stock prices.


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