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Intel (INTC) has been cleared by Irish regulators to build a $4B plant in County Kildare that...

Intel (INTC) has been cleared by Irish regulators to build a $4B plant in County Kildare that will initially produce chips relying on the company's next-gen 14nm process. The project could eventually create 800 full-time tech jobs; Intel already employs 4K workers in the region. The news comes shortly after Intel announced a bigger-than-expected 2013 capex budget, in large part due to plans to spend $2B to begin work on an Oregon plant that will make chips using 450mm wafers.
Comments (2)
  • tokyostory88
    , contributor
    Comments (32) | Send Message
     
    Well I doubt that clearance was hardly causing executives to sweat much in California above and beyond the scale of subsidy - overt and covert. Unfortunately this has everything to do with tax minimisation and nothing to do with almost anything else. But, then, Intel's ability to grow or rather halt its decline in eps has everything to do with tax minimisation and short term share-buy-backs that confuses the momentum investor as nothing else,fundamentally, is going the right way (yet).
    25 Jan 2013, 03:07 PM Reply Like
  • marvinsannes
    , contributor
    Comments (51) | Send Message
     
    What underlies all the INTC good news and the stocks poor performance? Something else beneath the surface -
    26 Jan 2013, 10:40 AM Reply Like
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