Intel plans to build a $19 billion chip plant in Germany
Posted on 03/20/2022 9:01:36 PM PDT by Berlin_Freeper
Intel has confirmed plans to build a semiconductor plant in Germany as part of an investment of up to €80 billion ($88 billion) in Europe over the next decade. The initial outlay for the facility in Magdeburg, the capital of Saxony-Anhalt, is €17 billion ($19 billion).
The so-called “mega-site” will actually comprise two factories. Planning will start right away with construction expected to get under way in the first half of next year, as long as Intel gets the thumbs up from the European Commission. Production should commence at what Intel is calling “Silicon Junction” in 2027. As such, the plant won’t help offset the global chip shortage any time soon.
Intel says the dual plants will build chips using its top-of-the-line Angstrom-era transistor tech. It expects to create 7,000 construction jobs for the duration of the build, 3,000 permanent positions and thousands more jobs across partners and suppliers.
(Excerpt) Read more at techcrunch.com ...
Not very good. It is an inference, not an observation.
Nice try... I guess.
A conclusion based on observation.
Are you trying to prove you are a liar about not being an angry Troll?
You protest too much!
Anyone want to comment on how US regulations, especially by the EPA, makes it impossible to do any new manufacturing in the US?
The "killer app" of quantum computing is going to be breaking modern encryption, and it will probably happen in the next thirty years for either China, the US, or both. When that happens, or more accurately, when news of that breaks (because that's a weapon you want to keep secret for at least a little bit), anything crypto that goes against that power is useless because the principles that crypto was built on are going to be shattered.
Actually though, I wasn't thinking about quantum, because those problems are different. What the chipset people could be focusing on is customization. Hardcoding instructions into chips purpose built for specific applications and allowing no capacity for software workarounds or hacks. building custom chips for niche markets and niche sensors that can respond without software delays as if they were natural organisms, all of that is possible now and it isn't being pursued heavily because the market isn't built out for it yet.
Germany knows what Russia is capable of, after all, they tried to destroy each other in WWII, and the East was under Soviet occupation for many years. Did Germany suffer from Stockholm syndrome after the wall came down, to the point where they continued to be reliant on their occupiers for their necessities? It seems that Russia has, for many years, been enjoying the fact that they have Germany over a barrel when it comes to the oil industry. After Hitler failed to capture the Suez Canal, and the untapped oil fields of the Middle East, he turned his attention to Russia's oil fields, and he failed there too. So how delicious is it, that since the end of WWII, the country that invaded Russia to take their oil, has been reliant on them for their oil for decades.
Britain has basically done the same thing to themselves when it comes to their imports. They import more than they produce in the country. It really became a big problem in WWI, when German subs were torpedoing ships delivering necessary goods to them. It happened again in WWII. And despite having to ration food into the 50's, Britain hasn't done much to become more self-sustaining since that time. Next World War, it won't be German subs sending those torpedos out. It will Russian subs, and perhaps Chinese subs. Nobody bothers to think ahead anymore, and no country should be solely reliant on just one country for their oil. They should have many options to choose from. The old saying: "Don't put all your eggs in one basket" rings true here.
Hate to break it to you Wnitey, you're white, so you won't be getting any.
Why not the US?
We know the motivation to build it in Germany isn’t because of cheap labor, so here are my guesses: 1) They want employees who actually know something useful, instead of knowing nothing and being obsessed with their race and genitals, and/or 2) They’d really like their shiny new $19 billion facility to be safe from BLM/Antifa arsonists and other assorted thugs.
Intel Fab In East Germany - bump for later....
“Why not the US?”
Because no Trump to make the case.
With Dems at the helm, winds of business blow contrarily w/resp to domestic investment; the money flees away to offshore havens.
i thought i read intel was going to build 2 factories in the US
anyone else hear that? they still doing it?
You're just lucky he didn't post about how gay soccer is.
#CountYourBlessingsHerrRabbit
Intel could start construction NEXT WEEK in free states like Florida, Texas, or South Dakota.
Germany never lost ww2 in a sense. Militarliy yes. But gained economic dominance of Europe. Strange
You are still the only #MentalLoserTroll doing that.
On that topic....
You have severe anger issues.
p.s. Why are you cheering Germany taking our manufacturing and jobs?
#WhoAreYouLoyalTo
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