We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 33.01-5.3%3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: waitwatchwander who wrote (186846)1/23/2022 11:12:09 AM
From: E_K_S3 Recommendations

Recommended By
greg s
Tobias Ekman

  Read Replies (1) of 186887
It's an investment in America.

I grew up in Silicon Valley in the late 60's & early 70's where Intel was a dominant influence along w/ aerospace. As the technology grew many other tech companies were created (ie AMAT, LAM, KLAC and others) and more importantly the knowledge base of the Valley.

Last year Intel mentioned they were going to make a large investment in Europe (as large as $60 Bil). It looks like they decided to move a lot of those funds into this US project.

If you want Build-Back-Better, these are the types of projects US needs to do.

One of the concerns the semiconductor companies have had building state of the art fabs in the US is/are the permitting process. It takes twice as long in many parts of the country to get the permits vs a similar plant in Vietnam or Malaysia.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext