1. Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Intel to Invest $7 Billion in U.S. Manufacturing Facilities

Discussion in 'News' started by malware, Feb 10, 2009.

  1. malware New Member

    Joined:
    Nov 7, 2004
    Messages:
    5,476 (1.53/day)
    Thanks Received:
    956
    Location:
    Bulgaria
    Intel President and CEO Paul Otellini today announced the company would spend $7 billion over the next two years to build advanced manufacturing facilities in the United States. The investment funds deployment of Intel's industry-leading 32 nanometer (nm) manufacturing technology that will be used to build faster, smaller chips that consume less energy. The commitment represents Intel's largest-ever investment for a new manufacturing process.

    "We're investing in America to keep Intel and our nation at the forefront of innovation," Otellini said. "These manufacturing facilities will produce the most advanced computing technology in the world. The capabilities of our 32nm factories are truly extraordinary, and the chips they produce will become the basic building blocks of the digital world, generating economic returns far beyond our industry."

    Intel's investment will be made at existing manufacturing sites in Oregon, Arizona and New Mexico and will support approximately 7,000 high-wage, high-skill jobs at those locations -- part of a total Intel workforce of more than 45,000 in the U.S. Intel, while generating more than 75 percent of its sales overseas, carries out roughly 75 percent of its semiconductor manufacturing in the U.S. At the same time, about 75 percent of the company's R&D spending and capital investments are also made in the U.S.

    The technology used in Intel's manufacturing process builds chip circuitry 32nm (32/billionth of a meter or about 1/millionth of an inch) across – incredibly small, atomic level structures.

    The first Intel processors to be built using this technology are codenamed "Westmere" and will initially be used in desktop and mobile mainstream systems. Westmere combines Intel's latest high-performance micro-architecture ("Nehalem") with graphics capability integrated into the processor. As a result, computer manufacturers will be able to increase performance and simplify system manufacturing compared to current systems. Outstanding 32nm manufacturing and product health are enabling Intel to accelerate the Westmere production ramp beginning in 2009. Additional 32nm products will follow in 2010.

    Otellini will discuss the importance of new technology and investing for the future at 9 a.m. EST today during a speech at the Economic Club of Washington, DC. In addition, Intel executives will be on-hand at an event beginning at 10 a.m. PST in San Francisco to provide the world's first public demonstration of a fully functional 32nm based device – the first Westmere processor.

    Source: Intel
    Nitro-Max says thanks.
  2. kiriakost

    kiriakost New Member

    Joined:
    Dec 24, 2008
    Messages:
    1,054 (0.51/day)
    Thanks Received:
    69
    Location:
    Volos, Greece
    Thats good news , so the rest world will push AMD sales , as they are ,the only worldwide Friendly option ... :D

    The job cuts that INTEL did all ready world wide , will cause more INTEL sales ... ??

    The market is one , the nation is Earth , and lies and hope is just a toy , to boost moral.
  3. mdm-adph

    mdm-adph New Member

    Joined:
    Mar 28, 2007
    Messages:
    2,478 (0.92/day)
    Thanks Received:
    340
    Location:
    Your house.
    I find this odd... since when was it cheaper to produce things in the US?
  4. kiriakost

    kiriakost New Member

    Joined:
    Dec 24, 2008
    Messages:
    1,054 (0.51/day)
    Thanks Received:
    69
    Location:
    Volos, Greece

    Thats true .... thats why i reacted about the " False hope prophesy " .
  5. TRIPTEX_CAN

    TRIPTEX_CAN

    Joined:
    Feb 10, 2008
    Messages:
    3,304 (1.39/day)
    Thanks Received:
    723
    Location:
    BC.CAN
    I think its because there may be new incentives for creating jobs in the US.
  6. AddSub

    AddSub

    Joined:
    Aug 9, 2006
    Messages:
    1,001 (0.34/day)
    Thanks Received:
    152
    Massive government subsidies is my guess. I wouldn't be surprised if the government was promising all sorts of things to Intel behind the closed doors. Like massive tax breaks to being with.
  7. shagg

    shagg New Member

    Joined:
    Feb 21, 2006
    Messages:
    28 (0.01/day)
    Thanks Received:
    5
    Location:
    Florida
    YES! the OBAMA dream is working. I knew Obama would save us and make INTEL create new jobs in the USA. YES, OBAMA mania is real people. I knew, I just knew, that this 800 billion spending plan would work. WHOO hoooo! :rockout:
  8. mdm-adph

    mdm-adph New Member

    Joined:
    Mar 28, 2007
    Messages:
    2,478 (0.92/day)
    Thanks Received:
    340
    Location:
    Your house.
    Tax breaks and subsidies -- probably so. I just hope Intel decides to keep investing money in the rest of the world, too -- isolationism is part of what made the first worldwide Great Depression so bad back in the day.
  9. TRIPTEX_CAN

    TRIPTEX_CAN

    Joined:
    Feb 10, 2008
    Messages:
    3,304 (1.39/day)
    Thanks Received:
    723
    Location:
    BC.CAN
    I'm not sure if this is sarcastic or not :confused:
  10. btarunr

    btarunr Editor & Senior Moderator Staff Member

    Joined:
    Oct 9, 2007
    Messages:
    28,380 (11.31/day)
    Thanks Received:
    13,608
    Location:
    Hyderabad, India
    Good for the US. Re-industrialization of US is the quickest way to pump-in employment.
  11. TRIPTEX_CAN

    TRIPTEX_CAN

    Joined:
    Feb 10, 2008
    Messages:
    3,304 (1.39/day)
    Thanks Received:
    723
    Location:
    BC.CAN
    Exactly, if you dont play both sides of the import/export game eventually you will fail.
  12. Darkrealms

    Joined:
    Feb 26, 2007
    Messages:
    851 (0.31/day)
    Thanks Received:
    23
    Location:
    USA
    Agreed, I'm hoping sarcastic

    I'm sure there were huge government incentives (on federal and state levels). Great for those that get hired for both the building and eventual production!
    1c3d0g says thanks.
  13. Nitro-Max

    Nitro-Max New Member

    Joined:
    Sep 9, 2006
    Messages:
    2,476 (0.85/day)
    Thanks Received:
    239
    Location:
    Great Yarmouth, United Kingdom.{East Anglian Coast
    This is great news for America its what the economy needs jobs jobs and more jobs
  14. newtekie1

    newtekie1 Semi-Retired Folder

    Joined:
    Nov 22, 2005
    Messages:
    19,804 (6.20/day)
    Thanks Received:
    5,921
    Finally, a company that is planning to actually manufacture the product in the US, and sell it to other countries instead of the reverse.

    Yeah, because I'm sure all the people in the other countries are going to be so pissed that a US based company created their plant in the US.

    I bet you didn't get nearly as pissed off and didn't bitch and moan nearly as hard when AMD opened their fab plant in Germany.
    Last edited: Feb 10, 2009
    Crunching for Team TPU 50 Million points folded for TPU
  15. kiriakost

    kiriakost New Member

    Joined:
    Dec 24, 2008
    Messages:
    1,054 (0.51/day)
    Thanks Received:
    69
    Location:
    Volos, Greece
    The high-tech jobs , needs qualified people , and very few ...

    The latest fashion even at north east Europe , that labor are cheap ...
    Are the "full automated" production lines .

    God help as all , if our dream are to work for INTEL as glass cleaners .
  16. kiriakost

    kiriakost New Member

    Joined:
    Dec 24, 2008
    Messages:
    1,054 (0.51/day)
    Thanks Received:
    69
    Location:
    Volos, Greece
    " bitch and moan " ?? :laugh:

    Keep in mind, that success called the global market share .
    By winning few points here , and loose few points there , does not make you a winner.

    If i produce oranges , and i have to eat them all by my self , were is the good at it . :laugh:
  17. thoughtdisorder

    thoughtdisorder New Member

    Joined:
    Jan 4, 2008
    Messages:
    1,818 (0.75/day)
    Thanks Received:
    269
    Location:
    Just South of Mars
    Agreed! Besides probable tax incentives, there is extreme alarm about the growing number of counterfeit products being sold in the "grey" market. Many OEM's are slowly withdrawing from China and Taiwan and turning to other countries for their manufacturing needs to combat these counterfeit products making it to the consumer.

    Intel, Cisco and others are quietly addressing this issue with urgency due to certain governments applying pressure.

    Btw, there is an aggressive time line for these changes to be made. ;)

    Some info:

    http://www.builderau.com.au/news/so...-to-US-military-/0,339028227,339288994,00.htm

    http://www.npr.org/templates/story/story.php?storyId=5693207
  18. Polaris573

    Polaris573 Senior Moderator

    Joined:
    Feb 26, 2005
    Messages:
    4,279 (1.24/day)
    Thanks Received:
    709
    Location:
    Little Rock, USA
    In my opinion high-tech and high quality manufacturing has to be in first-world nations. So you're choices are limited to U.S., Canada, Europe, Russia, and a handful of Asian Nations. Baxter International, a local medical supplies manufacturing company I'm familiar with has factories in Mexico. Much of the products produced there are rejected by quality control and many materials/equipment "go missing". This might be tolerable for some manufacturing, but for Intel to have large quantities of chips rejected and equipment "lost" would be intolerable.

    So with most of their research/manufacturing base in the U.S. and their choices limited to U.S., Europe and Asia they might as well consolidate their manufacturing here.
  19. newtekie1

    newtekie1 Semi-Retired Folder

    Joined:
    Nov 22, 2005
    Messages:
    19,804 (6.20/day)
    Thanks Received:
    5,921
    Yes, and this will likely not affect their global market share at all.

    You whining about it isn't going to stop anyone from buying their products.

    Them openning a plant in the US intead of another one in Taiwan is certainly not going to matter to anyone.

    And certainly a US based company trying to help the US economy isn't a bad thing at all. Why should they help another country's economy before helping their own?
    Crunching for Team TPU 50 Million points folded for TPU
  20. BrooksyX

    BrooksyX

    Joined:
    Jan 7, 2008
    Messages:
    3,948 (1.63/day)
    Thanks Received:
    569
    This makes no since at all to me. Intel just cut tons of jobs nation wide, nearly 1,00 of which were in my local community. How do they have 7 billion to invest in new technologies.
    Last edited: Feb 10, 2009
  21. newtekie1

    newtekie1 Semi-Retired Folder

    Joined:
    Nov 22, 2005
    Messages:
    19,804 (6.20/day)
    Thanks Received:
    5,921
    NVM, I found it. Turns out about 1,000 employee's were layed off a few weeks ago. Nationwide about 6,000 employees stand to lose their jobs, but most are transferring to the new fabs.
    Last edited: Feb 10, 2009
    Crunching for Team TPU 50 Million points folded for TPU
  22. BrooksyX

    BrooksyX

    Joined:
    Jan 7, 2008
    Messages:
    3,948 (1.63/day)
    Thanks Received:
    569
    Oops didn't mean to put 10,000 locally. More like 1000. The rumor is worldwide for 10,000 cuts. But intel has already started cutting people from it work force in the Portland/Corvallis Oregon offices. I know people personally who have recently lost there jobs.
  23. kiriakost

    kiriakost New Member

    Joined:
    Dec 24, 2008
    Messages:
    1,054 (0.51/day)
    Thanks Received:
    69
    Location:
    Volos, Greece
    Helping .... do you believe that ?? ...
    do you know how "environment friendly" are those factories ?

    There is no gain on the table , just false hope.
  24. BrooksyX

    BrooksyX

    Joined:
    Jan 7, 2008
    Messages:
    3,948 (1.63/day)
    Thanks Received:
    569
    Wether the fact that its green or not has no say if it will help the US economy. Whats killing the economy here is that people are loosing their jobs like crazy with no new jobs showing up anytime soon. So any job thats available in the US is a good job and will help the economy here.
  25. kiriakost

    kiriakost New Member

    Joined:
    Dec 24, 2008
    Messages:
    1,054 (0.51/day)
    Thanks Received:
    69
    Location:
    Volos, Greece
    I have no interest of who will get what .... as a simple observer i just stated my opinion.

    The last six months , i have daily as food "false hopes" , its time US to have their .

Currently Active Users Viewing This Thread: 1 (0 members and 1 guest)

Share This Page