Skip to comments.AMD chip fab nearing a reality
Posted on 01/26/2009 8:18:05 AM PST by SunkenCiv
Advanced Micro Devices Inc. shareholders will gather in Austin, Texas on Feb. 10 to authorize an investment by the Emirate of Abu Dhabi that could top $9 billion. The transaction, which includes the spin-off of AMD's manufacturing operations in Germany into a joint venture called The Foundry Co., will fund construction of a $4.6 billion chip fab at the Luther Forest Technology Campus in Malta... After the deal with Abu Dhabi closes -- a transaction that should take place within 48 hours of a successful shareholder vote -- the 222 acres needed for the plant are expected to be purchased from Luther Forest relatively quickly. The purchase price is expected to be at between $7 million and $8 million, according to documents filed with the Saratoga County Industrial Development Agency. Then in March or early April, once the ground begins to thaw, Foundry will begin tree clearing and root removal, getting the site ready for full-scale construction. A groundbreaking is planned by July, when a $1.2 billion state incentive package for the project expires, although the groundbreaking isn't required at that time under the agreement with New York state.
(Excerpt) Read more at timesunion.com ...
Just 2 miles down the road....
Streamlining AMD sells handheld assets to Qualcomm
by Baz Hiralal
Posted on January 20, 2009 at 11:28 AM
I hope this is Malta, Texas, not the Malta in the Mediterranean off the coast of Sicily.
It look like Malts New York from the whole article.
No litterally... just up the road from my business...
Scratch my last post. It’s Malta, New York.
Gee, all that money would be nice in Texas though.
At least it’s not the Malta off of Sicily. Imagine the Mafia with all that bribe money.
“Missed it by THIS much,......”
(Holding fingers up with teeny, tiny space....)
AMD, HP Combine to Launch "Yukon" Platform for Ultraportable Laptops
:’) ...because there’s NO MAFIA in New York state...
Well, it’s a chip fab, so it should be nice and quiet, except for the trucks. :’)
AMD Shanghai Opteron CPUs On Linux
phoronix.com | January 02, 2009 | Michael Larabel
Posted on 01/05/2009 9:01:29 AM PST by Ernest_at_the_Beach
Proposal Letter Reshaping NY State’s Subsidy for AMD Chip Fab Plant
[Vanity => Public Service]
FreeRepublic (right here) | (right now) | Citizens of NY
Posted on 01/05/2009 5:02:34 PM PST by Fitzy_888
Nvidia targets Netbooks, Intel with 9400M chip
CNet | December 17, 2008 | Brooke Crothers
Posted on 01/26/2009 8:25:46 AM PST by SunkenCiv
Well, the one bright spot here is that the fab plant will be in the U.S. At least a few jobs will stay here.
I have more trucks on the road than they ever will...
For that matter, opening a take-out restaurant right across the street might be a good investment, except for the fact that real estate prices have probably soared.
As you say. This fab will be automated and have relatively few workers, but they will be skilled and highly paid. They’ll probably hire baby sitters and lawn mowers, they’ll eat out at local restaurants, they’ll buy at local stores, and so forth.
Better than sending the fab to Maylasia or China, where all my Dell laptops seem to have been put together in recent years.
The cratering of the oil price probably limits the number of such new industrial constructions in the US; that low-down dollar was helping us for a while. Now that the dollar is worth more, we need to spend some of them on a sea-to-sea border fence with Mexico — preferably a multi-layer one, with an electronic frontier, including tunnel detection.
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