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Intel not opening new chip factory heralded by Obama
Yahoo Finance ^

Posted on 01/14/2014 1:17:13 PM PST by Red in Blue PA

SAN FRANCISCO (Reuters) - Intel Corp (INTC), hit by slumping personal computer sales, has put off opening a major chip factory that President Barack Obama once held up as an example of U.S. manufacturing potential.

The "Fab 42" facility built in Chandler, Arizona, originally slated as a $5 billion project that in late 2013 would start producing Intel's most advanced chips, will remain closed for the foreseeable future while other factories at the same site are upgraded, said Intel spokesman Chuck Mulloy.

Intel's decision not open the chip plant was first reported by the Arizona Republic on Tuesday.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: intel; obama; obamalies
Everything obozo touches or praises turns to crap.

Without exception.

1 posted on 01/14/2014 1:17:13 PM PST by Red in Blue PA
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To: Red in Blue PA

0-Fubar will FUBAR every private sector project he gloms onto. This Intel chip fab being a fine example.


2 posted on 01/14/2014 1:19:58 PM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: Red in Blue PA

0bama lies.


3 posted on 01/14/2014 1:20:43 PM PST by TigersEye (Stupid is a Progressive disease.)
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To: Red in Blue PA

0-Fubar’s only successes have been getting more useless drones employed by the Feral Guv’mint and socialist boondoggles like 0-Fubar-Kare


4 posted on 01/14/2014 1:23:35 PM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: Red in Blue PA

Has Obama picked the teams going to the Superbowl yet? Gamblers everywhere will bet on the two he doesn’t pick.


5 posted on 01/14/2014 1:24:10 PM PST by Proud2BeRight
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To: Red in Blue PA

That’s a blow, to the economy in general, and Arizona in particular.

Outstanding pay at those jobs. Somewhere around $80K average salary.


6 posted on 01/14/2014 1:24:29 PM PST by RinaseaofDs
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To: dennisw

And the economy continues to contract, like a piece of Jell-O lying out in the sun....

The same piece of Jell-O people were trying to nail to the wall earlier.


7 posted on 01/14/2014 1:27:20 PM PST by alloysteel (Those who deny natural climate change are forever doomed to stupidity. AGW is a LIE.)
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To: Red in Blue PA

I think I know what is going on and it doesn’t have anything to do with El Presidente.
Can’t say more.


8 posted on 01/14/2014 1:32:11 PM PST by Zathras
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To: Red in Blue PA

Better watch out Intel, you made the boy king look bad, so expect and audit and NSA wire taps of your executive and board members. Better develop a Muslim outreach real quick.


9 posted on 01/14/2014 1:37:35 PM PST by 12th_Monkey (In an alternate universe Obama still dips ice cream)
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To: Zathras

You must tell! :-)


10 posted on 01/14/2014 1:37:39 PM PST by ObozoMustGo2012
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To: Red in Blue PA

So...what are Obama’s pen and phone going to do about this? ;-)


11 posted on 01/14/2014 1:38:24 PM PST by Milton Miteybad (I am Jim Thompson. {Really.})
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To: Milton Miteybad

Perhaps an EO to fill the place with transgenders, gays, and muslims.

It honestly would not surprise me at this point.


12 posted on 01/14/2014 1:43:55 PM PST by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: ObozoMustGo2012

Not political is about all I can say without loosing my job.


13 posted on 01/14/2014 1:44:47 PM PST by Zathras
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To: Red in Blue PA

Obamafail of the most extreme magnitude.


14 posted on 01/14/2014 1:46:15 PM PST by SoFloFreeper
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To: Zathras

I really doubt you’d lose your job by posting an anonymous comment on a message board.


15 posted on 01/14/2014 1:54:30 PM PST by what's up
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To: Red in Blue PA

That’s okay. I’m sure they can retrofit the plant to produce solar panels and plug-in electric cars.


16 posted on 01/14/2014 1:57:22 PM PST by Buckeye McFrog
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To: ObozoMustGo2012

If I was an optimistic person I would guess that some advancement has been made that would render the proposed chips obsolete. If I was a pessimist, well, pessimism always has plenty of options....


17 posted on 01/14/2014 2:07:54 PM PST by Eepsy
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To: what's up

It has happened to others.
I’ve been working for Intel for almost 25 years.
Internal guidelines say I can make comments about obsolete product, items which are already public knowledge but that’s about it.

Trust me its nothing sinister, just a business decision.


18 posted on 01/14/2014 2:08:33 PM PST by Zathras
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To: Red in Blue PA

Solyndra or Intel—— ‘what difference does it make’? (a la Hellaryism). None when it comes to Big Zero reducing them into his own likeness.


19 posted on 01/14/2014 2:25:52 PM PST by tflabo (Truth or Tyranny)
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To: Red in Blue PA

Cozying up to the Kenyan is the kiss of death.


20 posted on 01/14/2014 2:34:15 PM PST by VRWC For Truth (Roberts has perverted the Constitution)
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To: Zathras

“Internal guidelines say I can make comments about obsolete product ... “

Can you talk about products you are working on that will be obsolete in the future? ;-)

I hear Intel is a great place to work. I passed up an opportunity to work there back in 1998. While I have no regrets, those six month sabbaticals every 10 years would work wonders when it comes to cleansing the mind from various chip design related nightmares that accumulate over the course of a decade (I mainly do FPGA work, but it has its various related stresses ... nothing like taping out a new ASIC though :-) ).


21 posted on 01/14/2014 2:35:00 PM PST by edh (I need a better tagline)
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To: Zathras

It would be pretty hard for anything to not have something to do with obumma.


22 posted on 01/14/2014 2:40:26 PM PST by Born to Conserve
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To: ObozoMustGo2012

I can tell. The market for kewl electronic gadgets is going down the crapper. I work for a large competitor, also in Chandler AZ. We hauled anchor and have been steering to the non-consumer electronics market for years. (No, I’m not telling who I work for.)

The cost of the lowest Labor Participation Rate since Carter is taking its toll. People can’t buy s***.


23 posted on 01/14/2014 3:10:45 PM PST by Cyber Liberty (H.L. Mencken: "The urge to save humanity is almost always a false front for the urge to rule.")
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To: Zathras

Intel is a good company. I’ve known that for a fact for a long time.


24 posted on 01/14/2014 3:11:59 PM PST by Cyber Liberty (H.L. Mencken: "The urge to save humanity is almost always a false front for the urge to rule.")
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To: Zathras
Trust me its nothing sinister, just a business decision.

I'd make book on that. You are absolutely right. It's just business.

25 posted on 01/14/2014 3:13:43 PM PST by Cyber Liberty (H.L. Mencken: "The urge to save humanity is almost always a false front for the urge to rule.")
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To: what's up

You don’t know what you’re talking about. This isn’t anonymous.


26 posted on 01/14/2014 3:15:12 PM PST by Cyber Liberty (H.L. Mencken: "The urge to save humanity is almost always a false front for the urge to rule.")
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To: Red in Blue PA

“Intel did not build that chip factory”


27 posted on 01/14/2014 7:07:27 PM PST by Ready4Freddy
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To: dennisw

You may think those drones are useless, I can guarantee they don’t think so.


28 posted on 01/14/2014 7:10:58 PM PST by nascarnation (I'm hiring Jack Palladino to investigate Baraq's golf scores.)
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To: edh

Intel isn’t the same it was back in the ‘90s but no company is.
Last public processor I worked on was “Haswell”.
I really like how we did the power distribution.

Sabbaticals are 2 months every 7 years but you can add your vacation time onto it.
Intel is one of the few Silicon Valley companies which still offer sabbaticals.


29 posted on 01/15/2014 11:13:28 AM PST by Zathras
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