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Intel To Invest $7 Billion in Factory in Arizona, Employ 3,000 People (cnbc.com)
Intel CEO Brian Krzanich met with President Donald Trump on Wednesday, where the company announced it will invest $7 billion in a factory employing up to 3,000 people. From a report: The factory will be in Chandler, Arizona, the company said, and over 10,000 people in the Arizona area will support the factory. Krzanich confirmed to CNBC that the investment over the next three to four years would be to complete a previous plant, Fab 42, that was started and then left vacant. The 7-nanometer chips will be produced there will be "the most powerful computer chips on the planet," Krzanich said in the Oval Office with the Trump administration. Most Intel manufacturing happens in the U.S., Krzanich said. "America has a unique combination of talent, a vibrant business environment and access to global markets, which has enabled U.S. companies like Intel to foster economic growth and innovation," Krzanich said in a statement. "Our factories support jobs -- high-wage, high-tech manufacturing jobs that are the economic engines of the states where they are located."Farhad Manjoo, columnist at The New York Times, tweeted; "As far as I can tell the decision had nothing to do with Trump, but they decided to announce with Trump. Why? There was no federal subsidy or any other credit. So it's just a marketing decision to give Trump credit."
Does Farhad Manjoo actually read the rest of the NY Times?
Wake up NY Times and start acting like a real fourth estate.
https://www.nytimes.com/2017/02/08/technology/trump-intel-chip-factory-arizona.html?_r=0
"The factory, which will complement two other factories that Intel has in Chandler, Ariz., has been under consideration for several years. But Mr. Krzanich said that the tax cuts and deregulatory policies pushed by Mr. Trump had prompted the company to move forward with its plans."
I know you're trying to do yet more painting of Trump in a bad light by spreading "fake news" and "alternative facts", but if you'd bothered to keep up you'd know that two Republican senators voted no on Devos leaving a tie which had to be broken by Pence.
Power and real estate are cheap in Phoenix and it doesn't have earthquakes. It also lacks the taxes and regulations that have made it impossible to do business in California.
The media normalized Donald Trump who wasn't serious about winning the presidency. Now we got a 70-year-old man-child in the White House who is running the government into the ground (that's not a compliment).