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re: Louisiana gets overlooked again - $20 billion semiconductor facility going to Ohio
Posted on 1/21/22 at 9:13 am to RogerTheShrubber
Posted on 1/21/22 at 9:13 am to RogerTheShrubber
I can understand Columbus.
But the massive investment in Arizona is curious. It’s a well run state that’s perfect for solar power…but with no water to support a rapid expansion that all of this investment will bring. Doesn’t Phoenix get everything from a depleting lake Mead?
For industrial expansion, that is every bit of a red flag as the potential for tornadoes or hurricanes in the south. It’s less of a concern for white collar jobs and research though. Arizona is doing well in that area too.
But the massive investment in Arizona is curious. It’s a well run state that’s perfect for solar power…but with no water to support a rapid expansion that all of this investment will bring. Doesn’t Phoenix get everything from a depleting lake Mead?
For industrial expansion, that is every bit of a red flag as the potential for tornadoes or hurricanes in the south. It’s less of a concern for white collar jobs and research though. Arizona is doing well in that area too.
This post was edited on 1/21/22 at 9:17 am
1
Posted on 1/21/22 at 9:18 am to goofball
Its all about the incentives they are getting it sounds like.
quote:
The company hopes to take advantage of a global chip shortage to score incentives - on top of those given by Ohio. "The scope and pace of Intel’s expansion in Ohio... will depend heavily on funding from the CHIPS Act," Keyvan Esfarjani, Intel senior vice president of Manufacturing, Supply Chain, and Operations.
Esfarjani is referencing a $52 billion subsidy package for the chip industry that was passed by the Senate last June, but since has stalled in the House
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