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Intel prepares for $100B spending spree across four US states

reuters.com

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Re: Intel prepares for $100B spending spree across four US states

#4
"after securing $19.5 billion in federal grants and loans - and it hopes to secure another $25 billion in tax breaks."

But besides all that... it's an investment spree, not a spending spree. They expect to make much more money off the back of those investments.

Re: Intel prepares for $100B spending spree across four US states

#9
post #6
post #2

Ohio, Oregon, New Mexico and Arizona

Which is a statement about their evaluation of their relative economic prospects in California, where they're headquartered.

Well, I'm sure it's a lot cheaper to build a new fab in Ohio than CA and the other three states are expansions of existing fabs. In spite of being HQd in CA, Intel doesn't even have a full fab there for whatever combination of reasons.

Re: Intel prepares for $100B spending spree across four US states

#10
post #2

Ohio, Oregon, New Mexico and Arizona

Fabs need a lot of water. Do those states have water to spare?

I can certainly tell you that AZ had unregulated water usage which was exploited to grow alfalfa and ship that to Saudi Arabia.
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