Comment by simgt
7 hours ago
> I’m surprised that there’s no domestic chip production either, we don’t have our own CPUs or GPUs, meanwhile China is spinning up manufacturing so they don’t have to work around the Nvidia export restrictions as much.
The CCP is able to plan the economy. We used to be able to do that in the 60s-70s, at least in France, but that mindset is long gone.
In the long run a planned economy is a huge disadvantage, the Soviets and now the the CCP are prime examples. For instance, the CCP is also sitting on a bunch of practically empty metropolises, paired with a property bubble and a falling population (all of which are exist to their meddling).
I mean the EU has ASML, why can’t we go the rest of the way? Seems kinda shortsighted and I say that as someone who bought the Intel Arc A580 on release and don’t regret it.