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Intel to invest $7B in factory in Arizona, employ 3,000

78 pointsby deepanchorover 8 years ago

7 comments

40acresover 8 years ago
Just to clarify: This factory is about halfway complete. Intel halted completing the Fab around 2 years ago. I wonder if any deals were made w.r.t tax breaks to entice Intel to finish the project.<p>EDIT: Source: <a href="http:&#x2F;&#x2F;www.pcworld.com&#x2F;article&#x2F;2088040&#x2F;intel-puts-on-hold-fab-42-in-arizona-will-use-for-future-technology.html" rel="nofollow">http:&#x2F;&#x2F;www.pcworld.com&#x2F;article&#x2F;2088040&#x2F;intel-puts-on-hold-fa...</a>
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stuckagainover 8 years ago
Intel has always fabbed its high-IP parts in the USA or strongly allied countries (Israel, Ireland). They will never put a fab in China because the Chinese will rip off all their IP. The fact that Intel has resumed construction of a half-completed facility in the same town where they make almost everything else is not really news.
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mikeyouseover 8 years ago
I can&#x27;t wait until every single company starts a PR campaign every single time they retool a factory or slightly expand production. &quot;$1 billion investment, create or save 1,000 jobs!&quot;<p>Whatever keeps you out of the Twitter crosshairs I guess.
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marricksover 8 years ago
I wonder if Intel considering it&#x27;s third round of layouts in 18 months got as much coverage a couple months ago?<p>Probably indicative of how a lot of companies will operate. Lots of talk about new factories or what have you while really just continuing business as usual.<p>Gets me pretty worried about actually seeing wage growth during the Trump administration as a vague focus on building new factories and &quot;keeping jobs here&quot; won&#x27;t drive wages up unless it&#x27;s coupled with protections on labor groups and actual job creation leading to competition for labor...<p><a href="http:&#x2F;&#x2F;www.oregonlive.com&#x2F;silicon-forest&#x2F;index.ssf&#x2F;2016&#x2F;11&#x2F;intel_facing_more_layoffs_repo.html" rel="nofollow">http:&#x2F;&#x2F;www.oregonlive.com&#x2F;silicon-forest&#x2F;index.ssf&#x2F;2016&#x2F;11&#x2F;i...</a>
buildopsover 8 years ago
I visited their fab in Israel. Amazing place and they are Israel&#x27;s top high tech employee.<p>This is highly technical, high R&amp;D stuff. Only their fabs in the US and a few other places (Israel, Ireland) can do that. But, in Israel they get preferential tax treatment (because otherwise they will leave and go to Ireland or the US).<p>So I wonder what would have happened had Trump not been president, or alternatively, what tax breaks he promised.
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pcuniteover 8 years ago
You don&#x27;t have to like someone personally to appreciate the good they&#x27;ll do for you and your family.
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yuhongover 8 years ago
I have been thinking that currently NAND fabs would be good, not to restore jobs but to restore the balance of trade. It is probably not a simple matter though.