Thread regarding Intel Corp. layoffs

With $20 Billion here and $20 Billion there ... Old McDonald had farm e i e i oh

Crazy, or Crazy like a fox?

"Intel shares rose 0.6% in pre-market trading"

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Post ID: @OP+1eU7JwTE

12 replies (most recent on top)

Field of Dreams, build it and it will c-m, LOL

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Post ID: @3meq+1eU7JwTE

Pat basically tells everyone whatever they want to hear. He's already promised $100b investments in Arizona, Ohio and the EU.

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Post ID: @2mxu+1eU7JwTE

One good thing that could happen is that housing prices will go up. The locals can cash out on the elevated prices.

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Post ID: @2bds+1eU7JwTE

@1vlb+1eU7JwTE

By your argument than Silicon Valley would be even better with Stanford and Berkeley versus OSU, and far deeper talent pool and even better international connection.

Nah only reason Ohio is politics for money. There is no high tech manufacturing nor any vendor support from critical tool companies like ASML, TEL, DNS, Lam, ASM, AMAT and so many others. Place like Texas, Az, Or all can claim that. The choice of $hitsville in the middle of nowhere, screams of desperate politics groveling for money.

Anyplace a company puts a fab has politics but the spreading of it out of Az simple is stupid and screams of Intel’s desperation. They dilute management and talent, can’t imagine to many good managers and engineers excited about Ohio summer and winters nor Midwest $hitville like living compared to the other places it could have gone.

Can’t believe the failure of BoD governance here, part of their core job is to control this kind of hubris that takes a company from teetering on failure to certain failure

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Post ID: @1zik+1eU7JwTE

Intel said the same thing for Arizona as well. Initial $20B investment which could expand to $100B. So they are building it in two places. I wonder why they dont keep it all in Arizona? ( May be Tax Break, but I have no idea how Tax Break works in US )

And if you include their (expected) expansion in EUR, Intel is layering the foundation for Foundry Services. Compared to its half assed Custom Foundry in 2012/2013 with little to zero CapEx increase. Foundry Services 2.0 is very real.

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Post ID: @1zwi+1eU7JwTE

This same street has a Facebook data center, an AWS data center, and a Google data center (within a couple of miles). There is a biotech research campus, Bath & Bodyworks main research lab, and the main operations center for AEP (a midwest electric company). If you travel about 2-3 miles orthogonal to that street we have a big data center for Nationwide Insurance, a campus for Discover (credit cards), and a State Farm insurance facility.

It is literally across street from one of the Ohio East-2 availability zones. If they were making rack-mounted server boards, they could just walk them across the street and plug them into the cloud.

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Post ID: @1vlb+1eU7JwTE

@ppj+1eU7JwTE “Could become…” in Pat’s prayers and wet dreams.

Intel can’t hold a candle to the giga fabs that Samsung and TSMC run, those two have scale and technology to film them, not government handouts in $hit locations in the middle of nowhere that is picked for government money and not much else

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Post ID: @1uea+1eU7JwTE

How on earth is a $20B fab the largest plant in the world? There are already 7 functional fabs which are more expensive than that. Micron is about to announce a $45B NAND fab in Austin.

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Post ID: @rip+1eU7JwTE

This is actually a brilliant location for us. One of those places that has much more going for it than people not from the region would realize.

International airport, large rail depot, extremely low cost of living and a city/region that has more good restaurants and activities than might be expected.

Ohio State University is in the city and is a huge school that is rapidly growing in academic standing.

Road transit in the area is also very good allowing access to any part of the city from any other part in rapid fashion.

Good schools, relatively low crime, etc. Probably the only drawback, from a lifestyle point of view, would be the winter and that's not even that bad, compared to other winter regions.

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Post ID: @cre+1eU7JwTE

This is going to be the largest plant in the world

https://www.reuters.com/technology/intel-plans-new-chip-manufacturing-site-ohio-report-2022-01-21/

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Post ID: @ppj+1eU7JwTE

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