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Trump:.Intel Will Invest $7 Billion in Chip Factory in Arizona

Brings 3,000 new jobs for the state of Arizona!.. 馃憤
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JustinOnTheRoad31-35, M
Cannot wait to see how the leftist media will try to spin this. This might put them over the edge. 馃槀
SimplyTracie26-30, F
@JustinOnTheRoad So, did they make the investment? It鈥檚 been more than 2 years since they made the announcement.

Have they since stopped manufacturing those wafer things in China, Ireland and Israel? Have they stopped doing their testing in Malaysia, China, Costa Rica and Vietnam?

I鈥檓 just curious person so I ask questions.
SW-User
It appears as though this 2017 announcement was for the completion of a factory they鈥檇 already started building in 2011. They deferred usage for several years, because they were able to leverage an existing factory in Arizona. This sounds like the course of a normal business plan that had nothing to do with who was sitting in the White House.

[quote]"It is a factory that we originally started building in 2011, aiming for our 14-nanometer technology. Then, based on a number of manufacturing efficiencies, we were able to defer using Fab 42 because we were able to fit the 14nm capacity into our existing factory on the Arizona site."[/quote]

Source:
https://www.fool.com/investing/2018/12/18/intel-announces-chip-manufacturing-expansion.aspx