Intel's $20B Ohio factory could become world's largest chip plant
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Re: Intel's $20B Ohio factory could become world's largest chip plant
#2Wow, it really takes an insane amount of money these days to make a leading edge fab. I really hope they can pull this off and it doesn't end up like Foxconn in Wisconsin...
Re: Intel's $20B Ohio factory could become world's largest chip plant
#3Good luck to them! Always nice to get as much semiconducter talent in-country as possible, fabs are a pretty crucial supply line after all.
I'd imagine most people would want a pretty significant pay raise to move to somewhere like Ohio, but they are nearby Ohio State University, so maybe they'll get local talent.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#4Excellent. Hope it works out long-term.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#5Wow, it really takes an insane amount of money these days to make a leading edge fab. I really hope they can pull this off and it doesn't end up like Foxconn in Wisconsin...
I was thinking that. Im a former Ohioan and most of my family is still here. I have much more faith in Intel than in Foxconn. My understanding is that Foxconn had a shoddy track record of building out locations outside of their home country.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#6"largest investment in Ohio's history"
"the largest semiconductor manufacturing location on the planet"
What is it that makes Ohio such a key and ideal place for such a massive investment? I assume there must be an abundance of energy + work force + land available that makes this possible, as well as a foundation built up by the Rust Belt.
Could the Rust Belt go Silicon?
Re: Intel's $20B Ohio factory could become world's largest chip plant
#7Finally.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#8How do the economics work here? Intel's market cap is $215B.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#9"largest investment in Ohio's history" "the largest semiconductor manufacturing location on the planet" What is it that makes Ohio such a key and ideal place for such a massive investment? I assume there must be an abundance of energy + work force + land available that makes this possible, as well as a foundation built up by the Rust Belt. Could the Rust Belt go Silicon?
Ohio has a good mix. It’s in a low cost of living area with a business friendly climate, being economically depressed, Intel gets lots of perks. Workforce is cheaper than elsewhere due to lower COL. There’s lots of water nearby. And, there’s the potential for talent with the many universities in the area.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#10"largest investment in Ohio's history" "the largest semiconductor manufacturing location on the planet" What is it that makes Ohio such a key and ideal place for such a massive investment? I assume there must be an abundance of energy + work force + land available that makes this possible, as well as a foundation built up by the Rust Belt. Could the Rust Belt go Silicon?
That and incredible tax breaks.
I'm originally from neighboring Indiana. The midwest should have figured this out long ago, but political corruption, the coal lobby, and a lack of imagination has really blinkered the long-term planning there.