Thread regarding Intel Corp. layoffs

Chandler Campus to be sold! Words, the deal is already done

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Post ID: @OP+1tMH9Gf4

13 replies (most recent on top)

"There's a su---r born every minute"

  • P. T. Barnum,
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Post ID: @nab+1tMH9Gf4

"word is" not "words"

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Post ID: @goj+1tMH9Gf4

@tgj+1tMH9Gf4 What's the need to move it vs shutting it down? Neither factory in Chandler produces a product that is sold for money. Its a very expensive way to do TD that only Intel does.

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Post ID: @kys+1tMH9Gf4

There is a factory in the Chandler site. Factories can’t be moved easily or quickly. Seeing as to how nobody I know who works in the factory has even heard of this rumor yet, I find this very hard to believe.

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Post ID: @tgj+1tMH9Gf4

It has happened in the past … anyone remember CH-11?

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Post ID: @nhk+1tMH9Gf4

Maybe to Amkor?

Maybe PE?

This is the first I’ve heard of the site being sold. But I have heard rumors that CH4 was being shuttered and maybe even CH8.

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Post ID: @gnv+1tMH9Gf4

Not likely, Assembly/Test development factory is located there. It is a core site. You can’t move the factory.

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Post ID: @kiz+1tMH9Gf4

No first hand knowledge but a likely scenario would be a private real estate fund looking to get a nice property like that at a fire sale price. Lots of distress in commercial office space market and assets are being sold at deep discounts recently.

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Post ID: @mut+1tMH9Gf4

Who would buy it?? And for what purpose?

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Post ID: @ija+1tMH9Gf4

When you have -$1B per quarter in operating cash flows net of investments you tend to get creative to find ways to keep the Ponzi running until the moon shot lands.

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Post ID: @zkj+1tMH9Gf4

No surprise there. Not much usage for years due to WFH.

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Post ID: @gmv+1tMH9Gf4

True. All employees relocated to Ocotillo.

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Post ID: @ews+1tMH9Gf4

I would laugh and laugh and laugh and laugh and laugh and laugh.

Ohh boy.

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Post ID: @abt+1tMH9Gf4

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