This just shocks me but is such a pleasant surprise. Paul Otellini, Intel CEO called on other corporations to invest in the United States.
What I'm asking is that other companies join us
This $7 billion dollar 32nm FAB announcement plus the new corporate patriotism speech won the ear of the President.
Now this is a change, a shock. Intel is even shutting down a FAB in China.
Intel has been notorious to labor arbitrage workers, pay less than other chip manufacturers and offshore outsource.
Just like every other corporation, Intel seemed to care less about the United States, it's workers and the national economy...so whammo, something has significantly changed.
Is Intel realizing global labor arbitrage plain doesn't work and by the way if every other corporation does it...uh this behavior has a tendency to destroy an entire national economy and it's middle class?
I have no idea but this new turn around should be showered with rewards in tax incentives, government contracts, free land, hell, free Starbucks, whatever.