|
|
Joined: May 2015
Posts: 2,108
Campfire Regular
|
OP
Campfire Regular
Joined: May 2015
Posts: 2,108 |
Intel to Invest at Least $20 Billion in Ohio Chip-Making Facility https://www.wsj.com/articles/intel-...in-ohio-chip-making-facility-11642750760Are there any boots on the ground reports? Worked on one in Hillsboro, Oregon. It was the biggest project I'd ever worked on. Pretty big deal for the locals.
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
This is inflation
|
|
|
|
|
Joined: Jun 2006
Posts: 46,021
Campfire 'Bwana
|
Campfire 'Bwana
Joined: Jun 2006
Posts: 46,021 |
A wise man is frequently humbled.
|
|
|
|
|
Joined: Jun 2006
Posts: 10,489
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Jun 2006
Posts: 10,489 |
That's great news. Heard something about it on Fox news. It's finally beginning to sink in to some people that we can't be so dependent on stuff like that from places like Communist China.
|
|
|
|
|
Joined: Dec 2004
Posts: 9,341
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Dec 2004
Posts: 9,341 |
The end of democracy, and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.
|
|
|
|
|
Joined: Mar 2020
Posts: 4,813
Campfire Tracker
|
|
Campfire Tracker
Joined: Mar 2020
Posts: 4,813 |
We buy most of our energy from the Russian federation and the Arabs. Thanks Joe biden.
|
|
|
|
|
Joined: Dec 2004
Posts: 9,341
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Dec 2004
Posts: 9,341 |
Yep Biden put together thr supply chain initiative 1st month in office. February finalized the directive. Senate passed the CHIPS BILL in June. House is working on final writeup. $52b investment incentives.
The end of democracy, and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.
|
|
|
|
|
Joined: Mar 2020
Posts: 4,813
Campfire Tracker
|
|
Campfire Tracker
Joined: Mar 2020
Posts: 4,813 |
Putin controlling the price of our energy is awesome.
Wonder why he wasn't prepared to invade Ukraine last year?
|
|
|
|
|
Joined: Dec 2003
Posts: 17,230
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
We buy most of our energy from the Russian federation and the Arabs. Thanks Joe biden. what?
...Actually Sycamore, you are sort of right....
|
|
|
|
|
Joined: Feb 2013
Posts: 21,713
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2013
Posts: 21,713 |
We buy most of our energy from the Russian federation and the Arabs. Thanks Joe biden. what? Most people have 23 pairs of chromosomes... You seem like you are missing 22 of those pairs... Just saying...
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
|
|
|
|
|
Joined: Dec 2003
Posts: 17,230
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
After declining in 2020, the combined production of U.S. fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 quadrillion British thermal units. Based on forecasts in our latest Short-Term Energy Outlook (STEO), we expect U.S. fossil fuel production to continue rising in both 2022 and 2023, surpassing production in 2019, to reach a new record in 2023.
Of the total U.S. fossil fuel production in 2021, dry natural gas accounted for 46%, the largest share. Crude oil accounted for 30%, coal for 15%, and natural gas plant liquids (NGPLs) for 9%. We expect those shares to remain similar through 2023.
U.S. dry natural gas production increased by 2% in 2021, based on monthly data through October and estimates for November and December. In our forecast, improvements in drilling efficiency and new-well production will contribute to production increases of 3% in 2022 and 2% in 2023.
U.S. crude oil production dropped slightly, by an estimated 1%, in 2021, but we expect it to increase by 6% in 2022 and 5% in 2023. We forecast that, in 2022 and 2023, crude oil prices will remain high enough to encourage growth in the number of active drilling rigs and continued improvement in drilling efficiency.
U.S. coal production increased by an estimated 7% in 2021, driven by increased demand for coal because of rising natural gas prices. Coal's comparatively lower prices made coal more economical for use in electric power generation compared with natural gas. In 2020, U.S. coal production had fallen to its lowest level since 1964. We forecast that coal production will increase 6% in 2022 as coal-fired electricity generators rebuild inventory levels. However, we forecast that coal production will only increase by 1% in 2023 as demand for coal in the electric power sector declines.
U.S. NGPL production increased by 4% in 2021. We expect U.S. NGPL production to increase by 9% in 2022 and then by 4% in 2023. Because NGPLs are a coproduct of natural gas, our forecast for rising NGPL production is linked to our forecast for rising natural gas production.
...Actually Sycamore, you are sort of right....
|
|
|
|
|
Joined: Dec 2003
Posts: 17,230
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
The top five source countries of U.S. gross petroleum imports in 2020 were Canada, Mexico, Russia, Saudi Arabia, and Colombia.
Canada was 3 times Russia and Saudi Arabia.
...Actually Sycamore, you are sort of right....
|
|
|
|
|
Joined: Dec 2003
Posts: 17,230
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
We buy most of our energy from the Russian federation and the Arabs. Thanks Joe biden. what? Most people have 23 pairs of chromosomes... You seem like you are missing 22 of those pairs... Just saying... you project confidence, even when you don't know what you are talking about. Have you ever thought about becoming a consultant......
...Actually Sycamore, you are sort of right....
|
|
|
|
|
Joined: Feb 2013
Posts: 21,713
Campfire Ranger
|
|
Campfire Ranger
Joined: Feb 2013
Posts: 21,713 |
We buy most of our energy from the Russian federation and the Arabs. Thanks Joe biden. what? Most people have 23 pairs of chromosomes... You seem like you are missing 22 of those pairs... Just saying... you project confidence, even when you don't know what you are talking about. Have you ever thought about becoming a consultant...... Simple truth is that I am indeed confident in what I know works... and is real. The other simple truth is that I say what I believe to be is accurate... and I frequently encourage people NOT to listen to me and make their own decisions instead. What works for me is probably wrongs for others... Kinda like your obsession with sucking cock is an excellent choice for you, but not equally so for many of the members here... that kinda thing.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
|
|
|
|
|
Joined: Aug 2003
Posts: 13,941
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Aug 2003
Posts: 13,941 |
Chips Bill --- $52 billion in federal subsidies for the construction of new semiconductor factories in the US --- PLUS 30 years of tax incentives... Intel’s chip factories aren’t enough to secure a US semiconductor supply chain
Published January 21, 2022
Intel announced on Jan. 21 it will spend $20 billion to build two new semiconductor plants in Ohio by 2025, eventually investing in as many as eight chip factories in the state. “Our expectation is that this becomes the largest silicon manufacturing location on the planet,” Intel CEO Pat Gelsinger told Time.
Intel’s efforts are part of a broader push to reshore US semiconductor manufacturing. In 2020, pandemic-related supply chain disruptions created a global chip shortage that disrupted at least 169 industries, but hit the US auto manufacturing especially hard. To avoid a similar crisis in the future, American politicians have been working to entice semiconductor manufacturers to open factories in the US through subsidies and tax breaks. Intel is betting these subsidies will make the new factories a good investment.
Since July, Democrats and Republicans in Congress have been working to revive a stalled bill that would offer $52 billion in federal subsidies for the construction of new semiconductor factories in the US. Ohio senators Rob Portman and Sherrod Brown, in a rare moment of bipartisan consensus, urged their congressional colleagues in a Jan. 7 press release to approve the subsidies quickly to alleviate “an unprecedented shortage of semiconductors, exacerbated by foreign governments luring this sector abroad and US overreliance on overseas production.”
US lawmakers are reportedly looking to ensure that the $52 billion chip factory subsidy becomes law by including it in a funding bill that must pass by Feb. 18 to avoid a government shutdown.
But building a few high-tech semiconductor factories isn’t enough to make America’s chip supply independent from foreign manufacturing. For that, the US would have to reshore an entire semiconductor supply chain that includes testing and packaging plants, in addition to chip fabrication plants, or “fabs,” like the ones Intel plans to build in Ohio.
The text of the semiconductor subsidy bill, known as the CHIPS Act, allows the government to subsidize any “machinery or equipment that is designed and used to manufacture or process semiconductors,” a broad definition that could encompass testing and packaging plants. But so far, all of the factories Intel, Samsung, and TSMC have said they would build in the US if the CHIPS Act were passed are high-tech fabs.
“If you were only worried about supply security and manufacturing [semiconductors] locally so that automakers don’t get cut off, then you should also be looking at outsourced assembly and tests,” said Harvard Business School professor Willy Shih, who studies semiconductor supply chains. “You should be looking at all the materials that feed the foundries as well.”
Chip factories are only part of the supply chain
The most complicated and specialized part of semiconductor manufacturing happens in multibillion-dollar chip fabrication plants, or “fabs,” like the ones Intel plans to build in Ohio. There, machines etch microscopic transistors into large, circular silicon wafers that might be a foot (.3 m) in diameter.
The next step is sending those wafers are sent off to testing and packaging plants. There, machines probe each tiny transistor pattern to ensure they’ve been printed correctly. If the transistors are arranged correctly, they get punched out of the wafer and packaged as individual chips that might measure as little as 10 millimeters across, roughly the width of a fingernail.
As a result, getting semiconductors ready for a car, smartphone, or washing machine depends as much on testing and packaging plants as high-tech fabs.
But most of the world’s testing and packaging plants are still in Southeast Asia. Just 3% of global chip packaging happens in North America, primarily California and Texas. Although Intel promises to build new fabs in Ohio, it will still have to ship the bulk of its unfinished chips to labor-intensive packaging operations overseas, which it’s expanding. The region’s low minimum wages—typically four times lower than US minimum wages—means it’s still probably cheaper to test and package American chips overseas. In December, Intel announced plans to build a new $7 billion testing and packaging plant in Malaysia.
“Alright, you’re going to put your factory in Ohio, but you’re still shipping chips to China or Vietnam or Malaysia for packaging, and then they’ve got to come back” to the US to be sold, said Shih. “How much have we really added in resilience there?”
Even so, Shih says there is a benefit to fabricating chip wafers in US factories. “We have neglected that part in the US because it was easier to let the Taiwanese or the Koreans do it,” he said, “and I think there’s a growing realization that actually a lot of innovation happens at that stage.”
|
|
|
|
|
Joined: Dec 2003
Posts: 17,230
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
We buy most of our energy from the Russian federation and the Arabs. Thanks Joe biden. what? Most people have 23 pairs of chromosomes... You seem like you are missing 22 of those pairs... Just saying... come on ratchet-jaw, tell us where we import energy from? cuz you got confidence!
...Actually Sycamore, you are sort of right....
|
|
|
|
|
Joined: Nov 2003
Posts: 67,689
Campfire Kahuna
|
|
Campfire Kahuna
Joined: Nov 2003
Posts: 67,689 |
Intel and the others moved production off shore for a reason. High wages, and high taxes. Not having them costs more though, and now production is coming back. Look for the price of everything that takes a damn chip to double. Everything. At least we will have stuff, but brace yourselves for higher prices. Wages and taxes are NOT coming down
Sam......
|
|
|
|
|
Joined: Apr 2011
Posts: 12,117
Campfire Outfitter
|
|
Campfire Outfitter
Joined: Apr 2011
Posts: 12,117 |
The Chinese have been stealing technology and designs from the chip manufacturers for decades. Moving chip production back to the U.S. will not stop the thievery. However, it will hopefully slow it down some...
|
|
|
|
|
Joined: Sep 2006
Posts: 23,624
Campfire Ranger
|
|
Campfire Ranger
Joined: Sep 2006
Posts: 23,624 |
I hope they follow through & that it doesn't take 10 years to happen.
MM
|
|
|
|
|
204 members (30Gibbs, 35sambar, 10gaugemag, 345dl, 1_deuce, 264mag, 32 invisible),
2,694
guests, and
1,016
robots. |
|
Key:
Admin,
Global Mod,
Mod
|
|
|
Forums81
Topics1,191,277
Posts18,467,633
Members73,927
| |
Most Online11,491
Jul 7th, 2023
|
|
|
|
