News Intel Seeks $9.7 Billion Subsidies for European Fab

[Admin]

Intel sees Germany, Benelux as good candis for European fab.

Intel Seeks $9.7 Billion Subsidies for European Fab : Read more

 

[Giroro]

I get that Intel wants €8 Billion, but why do they need €8 Billion?

 

[richardvday]

If you read the article.....
In order to compete with TSMC mainly since Taiwan for example offers subsidies, lower wages and other incentives as well as much lower taxes.
This is why we have lost so much manufacturing for example, they can not compete with China. Take Steel for example.

 

[spongiemaster]

I get that Intel wants €8 Billion, but why do they need €8 Billion?

A FAB that will last 1000 years doesn't come cheap.

 

[ginthegit]

If you read the article.....
In order to compete with TSMC mainly since Taiwan for example offers subsidies, lower wages and other incentives as well as much lower taxes.
This is why we have lost so much manufacturing for example, they can not compete with China. Take Steel for example.

Shhhhhh! you might expose the cracks of the Current US government!

 

[ginthegit]

A FAB that will last 1000 years doesn't come cheap.

But it doesn't cost 8 billion.... and why should Tax payer money need to pay for what Intel already has.