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re: Louisiana gets overlooked again - $20 billion semiconductor facility going to Ohio

Posted on 1/21/22 at 9:18 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261864 posts
Posted on 1/21/22 at 9:18 am to

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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