Intel shutters BRAND NEW chip factory as PC market storm rages

The WORLD's not ready for our Fab 4(2)


Intel is going to leave a massive new multibillion-dollar chip factory empty in Arizona as the slump in the PC market continues.

Intel told local paper the Arizona Republic that the factory known as Fab 42 would remain closed for the foreseeable future, but it would be used at some point.

“It will be used for future technologies at a future date,” spokesman Chuck Mulloy said, without elaborating on what use Intel has in mind for the plant.

The chipmaker has already received around $3.3m in tax credits from the state for job creation for at the factory, which was supposed to bring in a thousand jobs. But Mulloy said those jobs had been created, with employees working elsewhere on the Ocotillo Campus instead of the new factory.

“It doesn’t matter which building they work in; we’ve already increased the workforce by more than 1,000 people at that work site,” he said.

Fab 42 was a massive project for Intel, built using the world's largest land-based crane and touted by US President Barack Obama as a beacon of domestic manufacturing when he visited the site two years ago.

But Intel is likely to have full capacity with its existing semi-conductor fabs in Arizona, Oregon, New Mexico, Ireland and Israel, as beancounters continue to spell out doom and gloom in the PC market, where Chipzilla makes most of its revenue. Gartner's latest figures showed a ten per cent drop in PC shipments in 2013. ®


Other stories you might like

  • Experts: AI should be recognized as inventors in patent law
    Plus: Police release deepfake of murdered teen in cold case, and more

    In-brief Governments around the world should pass intellectual property laws that grant rights to AI systems, two academics at the University of New South Wales in Australia argued.

    Alexandra George, and Toby Walsh, professors of law and AI, respectively, believe failing to recognize machines as inventors could have long-lasting impacts on economies and societies. 

    "If courts and governments decide that AI-made inventions cannot be patented, the implications could be huge," they wrote in a comment article published in Nature. "Funders and businesses would be less incentivized to pursue useful research using AI inventors when a return on their investment could be limited. Society could miss out on the development of worthwhile and life-saving inventions."

    Continue reading
  • Declassified and released: More secret files on US govt's emergency doomsday powers
    Nuke incoming? Quick break out the plans for rationing, censorship, property seizures, and more

    More papers describing the orders and messages the US President can issue in the event of apocalyptic crises, such as a devastating nuclear attack, have been declassified and released for all to see.

    These government files are part of a larger collection of records that discuss the nature, reach, and use of secret Presidential Emergency Action Documents: these are executive orders, announcements, and statements to Congress that are all ready to sign and send out as soon as a doomsday scenario occurs. PEADs are supposed to give America's commander-in-chief immediate extraordinary powers to overcome extraordinary events.

    PEADs have never been declassified or revealed before. They remain hush-hush, and their exact details are not publicly known.

    Continue reading
  • Stolen university credentials up for sale by Russian crooks, FBI warns
    Forget dark-web souks, thousands of these are already being traded on public bazaars

    Russian crooks are selling network credentials and virtual private network access for a "multitude" of US universities and colleges on criminal marketplaces, according to the FBI.

    According to a warning issued on Thursday, these stolen credentials sell for thousands of dollars on both dark web and public internet forums, and could lead to subsequent cyberattacks against individual employees or the schools themselves.

    "The exposure of usernames and passwords can lead to brute force credential stuffing computer network attacks, whereby attackers attempt logins across various internet sites or exploit them for subsequent cyber attacks as criminal actors take advantage of users recycling the same credentials across multiple accounts, internet sites, and services," the Feds' alert [PDF] said.

    Continue reading

Biting the hand that feeds IT © 1998–2022