Hm, bad news for Oregon.
From this article:
<a href="https://www.oregonlive.com/silicon-forest/2024/12/intel-sputters-jeopardizing-oregons-financial-engine.html" rel="nofollow">https://www.oregonlive.com/silicon-forest/2024/12/intel-sput...</a><p>Oregon exports more than $30 billion worth of electronics annually, most of which are semiconductors manufactured in Intel’s Hillsboro factories.<p>----------<p>The company employs more people than any other business in the state.
----------<p>The state’s chip industry pays an average yearly wage of more than $150,000, according to government data, well over double the state average. Hefty pay from Intel is an especially big deal in Oregon, which relies on personal income taxes for the bulk of state revenue.<p>----------
...Intel might consider selling its business off in pieces.<p>That could be calamitous in Oregon, turning Intel’s huge local campuses into satellite operations of other companies that don’t need the full range of corporate and technological functions that have been the foundation of Intel’s Hillsboro sites for decades.<p>“The people who work at Intel have to be really panicked,” Hutcheson said.<p>Intel’s research factories in Hillsboro support high-volume production sites in Arizona, Ireland, Israel and -- soon -- in Ohio. If that manufacturing network were someday to break up, it’s not clear what role would be left for the company’s top engineers and scientists in Oregon.