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Yours is actually the first comment I saw. My thinking was more along the lines of "what a great way to bring more future focused jobs to the mid-west". We're
by pedalpete 5y ago
Yours is actually the first comment I saw. My thinking was more along the lines of "what a great way to bring more future focused jobs to the mid-west".
We're seeing a very promising dispersion of future focused Jobs in the US (btw, I'm not American). While software has been predominantly west coast, and finance in the north east. Don't forget that TI is based in Texas. I believe much of Bio-tech is in San Diego and Boston, the list goes on and on. With giga & Tesla in Texas, will that bring more manufacturing and power technology to the area?
This is very positive in bringing employment and opportunities to these regions. I'm also hopeful that along with the tax credits that were likely given to the companies, there is a portion that is set-aside, or another allocation to improve access to the higher education needed to fill the jobs, and that the education will be provided to the local community, not just dragged in from other areas, displacing the local community and gentrifying it.
- bshipp 5y agoI'm Canadian (although on a clear day I'm almost close enough to see Ohio across Lake Erie) and I'm in complete agreement with you. Everyone in the USA should be utterly ecstatic that Intel is building a large domestic chip plant and not outsourcing even more overseas. This is fantastic news.
- defaultname 5y agoIntel has some 15 or so fabs already in the US (most upgraded multiple times), and is constructing two giant new ones in Arizona. The continental US has a good amount of domestic production capacity. The "problem" is that TSMC and Samsung got a node advantage on Intel, drawing a lot of the performance part manufacturing (including Intel contract work). Will this Ohio plant be competitive on the edge? I haven't seen information indicating that, and the two Arizona fabs Intel is building (operating in 2024) are targeting 7nm. Samsung (3nm) and TSMC (5nm) are both building fabs in the US as well. A pretty healthy subsidy by the government and various levels of government lubricated the choice. It's good for the sanity and economic stability of the world if everything wasn't concentrated in Taiwan.
- bshipp 5y agoThank you so much for the clarification as this is definitely not my area of expertise. It's heartening to hear that, subsidies aside, the US is managing to maintain significant capacity for domestic production, and it's increasing. Such investment runs quite counter to the general trends I've witnessed in other manufacturing industries that continue to shrink every year.
- xvilka 5y agoTo be honest, some shrinking manufacturing doesn't always mean it's bad. It could be, but not always. Sometimes it means increasing the efficiency or disappearing products that aren't in the demand of the society.
- bsder 5y agoI'm surprised by the location. I would have expected closer to Cleveland to draw from Detroit, Columbus, Cleveland and Pittsburgh and get electricity from the Beaver Valley nuke plant. I'm guessing AFRL/Wright-Patterson and government contracts have something to do with this. Columbus isn't exactly "low cost of living" except by Silicon Valley standards, either.