Discussion

• @trengriffin Tren Griffin on x

  When asked for more financing details, Intel's CFO David Zinsner cited a nondisclosure agreement while saying: “This is a lot like any other transaction that you see Brookfield making in infrastructure like investments. They expect a certain level of return as a result of that.” …

• @libertyrpf @libertyrpf on x

  “Intel Signs $30 Billion Funding Partnership With Brookfield [Asset Management] to Finance Chip-Factory Expansion” ("Intel would fund 51% of the cost of building new chip-making facilities in Chandler, Ariz.") 🤔 https://www.wsj.com/...

• @skundojjala Sravan Kundojjala on x

  Intel expects mid-30s net capital intensity through 2024 before settling down to around 25% by 2026. Intel's gross capital intensity will likely stay above 40% for 2023 and 2024. Capital offsets come from co-investments, customer commitments and government subsidies.

• @sifill_ Sherrilyn Ifill on x

  Which is why there should be an immediate accelerated apprenticeship program for high school seniors and young people up to age 30 across Ohio and surrounding states to prepare an expanded workforce. https://twitter.com/...

• @lamonicabuzz Paul R. La Monica on x

  Intel stock up today (after recently hitting 52-week low) following news of $30 billion investment partnership with Brookfield to expand chip manufacturing plant in Arizona. $INTC $BAM https://www.intel.com/...

• @alexsjacquez Alex Jacquez on x

  interesting quote from Lt. Governor Jon Husted (R-OH): “When you're willing to pay people more to do something, you will find the talent,” he said. https://twitter.com/...

• @owillis Oliver Willis on x

  biden-era problems: ohio needs 7000 construction workers for a new intel plant (partially spurred on by the chips and science law biden signed) but theres a shortage cause so many people have been hired over the last two yrs. https://apnews.com/...

• @benbajarin Ben Bajarin on x

  This is an interesting move as Intel continues to employ its smart capital strategy. People have debated if Intel should spin out foundries. While this isn't a spin-out it does invite the accountability people suggested as Intel is accountable financially to a third party. https:…

• @patrickmoorhead @patrickmoorhead on x

  Wondering how @Intel will pay for some of the capex for its fabs and foundries? Here we go. “SCIP”. This type of coinvestment is common in energy and carrier investments. Seems smart to me and aligned with ⁦@PGelsinger⁩ IDM 2.0 strategy. $INTC https://www.intel.com/...

• @stshank Stephen Shankland on x

  Intel is trying to ease its gargantuan capital expenditure burden by sharing it with Brookfield Asset Management, which will own 49% of some of Intel's future fabs in Arizona. #INTC stock is up a bit today, but yesterday was a 52-week low, so... it's hard. https://www.intel.com/.…