To build a "fab", it costs something like $3 Billion (see forbes for reference). Not exactly a small investment.
The stupidity of this is appalling!
The Damn Bean Counters are so freaking worried about their bottom line they would sell anything or do anything to improve their short term profits. What they ignore is that in the long run they will have NO profits, because the PRC will use the technology to undercut them in their own fields.
(Rant mode Off)
McGee's love, AMD has two major fabs, one in Austin which is being converted to Flash ONLY, and their fab in Dresden Germany which is the only AMD fab building their Athlon processor.
The point is McGee isn't bothered by AMD producing parts overseas but somehow the posibility that someday (and again I have no knowledge) Intel may build a chipset (ie low technology) fab in China, this bothers him greatly.
BTW, I am a stockholder of both AMD and Intel.
Check out posts 11, 12, and 13.
The way this sounds, if its true, (and based on my previous experience), that Intel is going to use Malaysia and the 'other country' as its export platform.
China may well be bypassed on that game. And for good reason.