Earlier quoted context omitted.
Caltech, Stanford, Cal, and Harvey Mudd are on the same tier with Purdue, Michigan, Illinois, CM. The other ones are good schools, but in a distinctly second tier to that group.
Caltech, Standford, and Berkeley are well ahead of the Midwestern schools.
Intel's $20B Ohio factory could become world's largest chip plant
561–570 of 647 posts
Re: Intel's $20B Ohio factory could become world's largest chip plant
#562This is actually a brilliant location for them. One of those places that has much more going for it than people not from the region would realize. International airport, large rail depot, extremely low cost of living and a city/region that has more good restaurants and activities than might be expected. Ohio State University is in the city and is a huge school that is rapidly growing in academic standing. Road transi…
The midwest has some of the greatest engineering schools in the nation. I have been beating this drum hoarse for a few years now - but it's true. Specifically, members of the Big 10 conference are probably the best engineering schools conference in the world. Within 300 miles from Columbus (where you have Ohio State - Big10), you have Penn State, Michigan, Michigan State, UIUC, Indiana, Purdue from the Big 10 along w…
In Aerospace, within both U.S. government and industry, midwest engineering schools are widely seen as producing more undegrad-level engineers who actually want to be engineers than places like Stanford.
Stanford, in particular, seems to attract proportionally way more engineering majors that want to use engineering credentials as a gateway out of engineering (high finance, startup executives, management, etc.). A colleague of mine in Big Aerospace says there's a pretty consistent pattern of not being able to hang on to many Stanford or MIT grads for very long. Granted Big Aerospace can be a miserable place to work in a number of ways, but if you want to hone your craft in a number of aerospace disciplines, you'll need some level of exposure to that kind of knowledge/experience-base. You're not going to get that at the next delivery drone or flying taxi startup.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#563Earlier quoted context omitted.
Name exactly one personal liberty afforded to women in California that is not afforded to women in Ohio.
Ohio has no parental leave laws, especially ones that provide women with automatic 6 to 8 weeks of disability leave for the period before and after childbirth. California does. CA also has other protections beyond federal ones for breastfeeding and other pregnancy related accommodations, and gives employees the right to sit at work if they do not need to stand. I would not raise my kids in a state outside of CA to WA…
How is this a "personal liberty" thing? This in turn is probably violating the freedom of association that employers have...
>breastfeeding and other pregnancy related accommodations, and gives employees the right to sit at work if they do not need to stand
All of these trade one liberty for the other.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#564Earlier quoted context omitted.
"west coast liberal" here -- I'm thrilled to hear about this project. While I'm not a fan of the political climate of Ohio I want to see the midwest (and rest or the country) thrive. It's about the United States -- we're all on the same team.
Funny, the political climate of Ohio is probably a reason they chose it. Being business-friendly is a stated goal of the Ohio GOP.
I'd be more than happy to go deeper but again, that's likely to go nowhere so there's no point. I wish them well, m'kay?
Re: Intel's $20B Ohio factory could become world's largest chip plant
#565Earlier quoted context omitted.
Sadly Ohio's state government doesn't want to invest in higher education. My father was in the physics department at Kent State University (my alma mater) and I remember him complaining year after year about how the state was cutting funding. Really a shame. Between this, Ohio's shameful anti-LGBTQ laws, and the truly awful racism, it's really like the state is trying to drive people away. I moved to CA 7 years ago a…
The incredible University systems in the US are an amazing asset… failure to recognize their value by craven businessmen turned Republican politicians that only understand money is going to be one of the biggest tragedies to befall America.
They lament some social issues on campus from a populist perspective but sometimes I think it's not always without merit, or at least a discussion.
The political issue is at the elementary and high school level, and it's more about supporting families than it is the schools, where 'teacher quality' is a huge and ridiculous distraction. If every kid got a chance to attend school while living what most of us would call 'Normal Middle Class Circumstances' (i.e. decent parents, stable home, economic stability, no gangs or crime) there would be progress.
This investment is such a hugely important announcement, the number of really high quality jobs ... and the secondary economic factors will be even bigger.
The US Midwest has long been under utilized.
If US leadership could do anything, it would be to convince some of the big SV operators to invest decisively and aggressively in 2cnd and 3rd tier places which are frankly very prepared for it. Ohio, Miami, Raleigh, Michigan, Chicago etc..
Concentration in specific areas has been going on too long and is at least a decade past it's benefit.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#566How do the economics work here? Intel's market cap is $215B.
The initial investment is only 20B, and spending that money won't hurt their market cap because it's shifting money into new assets, which would be considered part of their valuation.
Many investors would rather see a $20B share buyback instead of a $20B greenfield project.
All assets do not get priced at NAV by the market, even if the NAV is known. In this case, we don't know the future value of a major fab. We have no way of knowing future utilization and yield for the fab, so it'd be impossible to determine the timeframe for computing the present value of its earnings.
It will be interesting to see how the market digests this news story in the coming weeks. The price of INTC could move markedly; earnings are coming up next week and there's an Investor Meeting scheduled for the middle of February.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#567Earlier quoted context omitted.
The incredible University systems in the US are an amazing asset… failure to recognize their value by craven businessmen turned Republican politicians that only understand money is going to be one of the biggest tragedies to befall America.
Republicans are pretty good are recognizing the value of good post-secondary education, their leadership still counts good schools as alma mater, even Trump. They lament some social issues on campus from a populist perspective but sometimes I think it's not always without merit, or at least a discussion. The political issue is at the elementary and high school level, and it's more about supporting families than it is…
The assertion wasn’t that Republicans are too stupid to know the value; but that knowing the value, they still want to make it difficult for more people to achieve it.
Rich people recognize the value of money while at the same time denying money to others.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#568Does anyone know why Intel would want to build a "mega-site" in the city of Columbus Ohio? Why not choose Cleveland Ohio where one has port access with an existing route to Europe? Fabs are international affairs, no matter where they're rooted, because just to keep the place running one needs a constant stream of parts from everywhere. It seems like being in a sea/rail/truck hub would be a logistics advantage. [1] ht…
Re: Intel's $20B Ohio factory could become world's largest chip plant
#569This is actually a brilliant location for them. One of those places that has much more going for it than people not from the region would realize. International airport, large rail depot, extremely low cost of living and a city/region that has more good restaurants and activities than might be expected. Ohio State University is in the city and is a huge school that is rapidly growing in academic standing. Road transi…
The midwest has some of the greatest engineering schools in the nation. I have been beating this drum hoarse for a few years now - but it's true. Specifically, members of the Big 10 conference are probably the best engineering schools conference in the world. Within 300 miles from Columbus (where you have Ohio State - Big10), you have Penn State, Michigan, Michigan State, UIUC, Indiana, Purdue from the Big 10 along w…
Not sure the NM sizes being made at these sites off hand.
Re: Intel's $20B Ohio factory could become world's largest chip plant
#570Earlier quoted context omitted.
Republicans are pretty good are recognizing the value of good post-secondary education, their leadership still counts good schools as alma mater, even Trump. They lament some social issues on campus from a populist perspective but sometimes I think it's not always without merit, or at least a discussion. The political issue is at the elementary and high school level, and it's more about supporting families than it is…
> Republicans are pretty good are recognizing the value of good post-secondary education, their leadership still counts good schools as alma mater, even Trump. The assertion wasn’t that Republicans are too stupid to know the value; but that knowing the value, they still want to make it difficult for more people to achieve it. Rich people recognize the value of money while at the same time denying money to others.
The US spends more on education as a % of GDP than anywhere in the world. And - it has a very high GDP/capita as a starting point. And sends more people on to post-secondary education than most places, more than in most countries were post-secondary is socialized.
Germany, with fully socialized University has to ration it - the end up 'streaming' kids by age 15, and those slots are disproportionately allocated to rich kids, moreover, the number of post-secondary students (in College programs, not internships) is lower than in the US, kind of exacerbating the inequality problem.
To boot, the US has a massive problem with post-secondary debt.
University education itself is not the only key to success, rather, it was historically a status marker of the elite. Since it is not just that anymore, we have to be more practical about who we send to school.
I would argue we have too many liberal arts graduates, and not nearly enough trade programs and internships. While Liberal Arts programs absolutely embellish students with higher order thinking, and it would be nice if everyone could attend ... it's frankly the purview of the people who can afford to pay for it without having that cost related to a job on the other end.
And, given that in the US that basic literacy is still a serious problem for many of those in High School ... do we really think that the quantity of post-secondary students really the problem?
Probably not.
The US does a pretty good job at getting people into post-secondary programs, even when they generally would not be qualified, and it's arguably inefficient.
If this were 1970, then it would be an easy argument of 'getting more people into College'.
But conditions have changed and it's a much more difficult situation.
Keep the bars high and objective instead of trying to send everyone to College by virtue of magical thinking.
Maybe we can graduate everyone from highschool as a matter of social equality, but providing kids with projects they can sink their effort into and especially develop the middle-tier apprenticeship programs (i.e. Germany) would be probably a better approach.
I'll bet $1000 that these Intel Chip Fabs require just as many 'trained specialists' as they do College Grad designers.
I'd also bet $1000 that 'Republicans' (at least practically and ideologically) would back that kind of approach.
We could start by breaking 'Doctor' and 'Nurse' into more categories. By making college only 2 or 3 years + 2 years teachers college instead of requiring a 4 year degree. By defining and regulating some types of skilled trades, possibly even software. Etc.
And of course, probably by raising minimum wage, supporting automation and happily moving out non-productive jobs to Mexico and Vietnam where the net surpluses are greater anyhow.
In 2021, it's reasonable for people to take the position that fudging more people through college is just not the most productive or even equitable approach we should approach.