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Israel grants Intel $3.2 billion for new $25 billion chip plant (www.reuters.com)

submitted 10 months ago by [email protected] to c/[email protected]

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Israel grants Intel $3.2 billion for new $25 billion chip plant::undefined

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[–] [email protected] 22 points 10 months ago (2 children)

Sounds like the want to ensure access to chips for missiles, and don't get cut off like Russia was

[–] [email protected] 19 points 10 months ago

Or be a Taiwan and be protected from invasion/destruction because everyone has a vested interest in your advanced chip fabs.

[–] [email protected] 18 points 10 months ago (1 children)

Or they are worried that Intel will pull out due to risk of consumer boycott and want to push the deal through.

[–] [email protected] 2 points 10 months ago (1 children)

I don't think Intel is too worried about boycotts because a significant portion of their customer base is businesses.

The only real sector of their customer base that would even do a boycott is the independent PC builders, and I doubt even 5% of those customers would follow through.

Your average consumer doesn't even know what the hell an "intel" is or why they should care, it's just a sticker they see on their laptop/PC.

[–] [email protected] 1 points 10 months ago

Yes, but look at bud light. Boycotts can be hugely damaging. If people start boycotting Intel, Dell HP and other suppliers will happily offer amd instead. Similarly, companies with policies of not buying from suppliers with slave labour or supporting genocide may decide Intel falls in that category now. They do it as a PR exercise but ultimately it's consumer sentiment that drives it.

Intel will need to decide if the sweetener is worth the risk. From war interrupting supply. From boycotts. From brand damage.