Intel has two fabs set for US production, and already has a presence in Ireland.
Why Ireland? Existing relationships, existing infrastructure, an investment friendly government that wants the business and a depressed economy that needs it, a pool of educated workers to draw from, production in an EU country, and a place that speaks English as the native language.
Although the property bubble and "creative" banking have left the Irish with a huge hole in their budget, the fact is that the "real" economy, especially the industrial one, is going very well, thanks to the low tax rates Irish business enjoys. It looks like Irish Engineers and Scientists stand a good chance of trading their way out of the financial disaster created for them by the banks.
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Would any one care to guess what the yield numbers will be for the first year or two for such advanced nodes?! There were enough hiccups even for the 28nm node that TSMC was not divulging that number (not sure if they do now)...
You know the Irish government has shown that governments can influence the decision of firms to allocate global resources. They have provided a good tax model. With good schools, they have the future in their hands. Intel and other firms are going to Ireland.
Nothing compares to intel, they are in the process of building 2 new fabs in Arizona and Oregon, each costing around 6 billion plus the investment in Ireland retrofitting for the new process. Intel will always lead the industy.
Nice one F24 see you soon for some installs.