https://www.channelnewsasia.com/business/intel-delaying-german-factory-start-wants-more-subsidies-volksstimme-reports-3152856
10 replies (most recent on top)
@gug I agree. I will further suggest that the German fab will never be built.
Intel is fcked. Thank goodness I sold their shares and bought into AMD
I expect many germans to immigrate to the united states and canada because of the energy crisis.
It ain’t contra revenue when the government gives me billions for my sorry a$$ uncompetitive products made in uncompetitive fabs
Poor Pat, x86 sales are down, x86 competitor eating away the high Margo server and taking huge share of consumer.
Pat ramping 10nm like five years late while competitors are ramping products one generation better with superior PPAC.
Pat’s response more subsidies to cover my sorry a$$ strategy and execution
Tax breaks are for companies that don't have products
Standard negotiating tactic.
WTF, you don’t need subsidies if you have real customers willing to buy leadership technology with manufacturing scale and confidence you are more than talk, oops maybe there lies the problem.
Pat will be on the corner selling Girl Scout cookies for funds for a fab with no technology and no customers
We should get a subsidized chip prices in return.
Maybe Intel should try holding a bake sale to bridge that funding gap instead of begging local governments for subsidies.
OR
Get their sh$t together and be more competitive in the marketplace.
In my humble opinion public companies shouldn't be eligible for subsidies at all.