News Intel needs $2 Billion for New Ireland fab — courting three venture capital firms for continued expansion

[Admin]

Intel is reportedly in talks with Apollo, KKR, and Stonepeak regarding funding for a new plant in Ireland.

Intel needs $2 Billion for New Ireland fab — courting three venture capital firms for continued expansion : Read more

 

[peachpuff]

Is intel broke or something?

 

[thestryker]

Is intel broke or something?

Intel is a publicly traded company operating in an era where wall street only cares about the next quarter and thus hates capital expenditures.

 

[watzupken]

I feel Pat's strategy of recklessly charging into fab business may not go well. With China being sanctioned from cutting edge fab, the demand is only sustained by the AI hype. If that bubble burst, and demand or electronic items slowing, I think these fab will be underutilized.