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>And let's be honest, without some sort of external coercion, these companies aren't going to stay in the US. Chip fabs are already overseas and there's zero p
by drzaiusapelord 9y ago
>And let's be honest, without some sort of external coercion, these companies aren't going to stay in the US.
Chip fabs are already overseas and there's zero practical approaches to bring them here. President "Job Creator" can't bring these jobs here, period. Intel's various management, engineering, marketing, etc jobs aren't going anywhere.
- 11thEarlOfMar 9y agoI guess you missed this. Intel announced in Feb this year that they are spending $7B in Arizona to build a chip fab: https://www.wsj.com/articles/intel-corp-announces-7-billion-investment-in-arizona-plant-1486578589 https://www.wsj.com/articles/intel-corp-announces-7-billion-...
- drzaiusapelord 9y agoWonderful, but its the state or Arizona taking the tax and regulatory hit to build that factory, which compliments the two existing ones Intel has. President Trump's credit for this deal is the usual meaningless ass-kissing presidents get, but ultimately its Arizona that made that happen the same way Arizona made the previous plants happen. Also this it to finish a factory thats been in the building stages during the Obama administration. >In fact, the factory, which was originally announced back in 2011 and largely completed by 2014 was put on hold not because of regulatory burden, but because of declining PC sales Being on the manufacturing council doesn't affect this nor did it make it happen. The council as a "jobs creator" is laughable especially when we're talking about an Obama-era factory. https://www.engadget.com/2017/02/08/intel-arizona-factory-7-billion-3000-jobs-fab-42/ https://www.engadget.com/2017/02/08/intel-arizona-factory-7-...