It apparently depends on the taxpayer
While many of us thought that Intel’s dedication to chip plant building might have something to do with saving its own financial bacon it appears that the company will not go ahead with the plan unless the taxpayer bankrolls it.
Socialism is ok if applied to rich capitalist companies
While Ohio seems reluctant to spend cash on a decent health, welfare, and education system, it seems to have found more than $2 billion in tax breaks and incentives to Intel to attract its $20 billion chip-making factory to the state.
Total cost $100 billion
Intel’s $100 billion Ohio chip plant could be the world's largest.
Moving back to America
Chipzilla has lifted the kimono on its plans to invest at least $20 billion in new chip-making capacity in Ohio.