February 10, 2009

Intel writes a check with LOTS of zeros

Category: Charity — admin @ 6:00 pm

First Intel announced that it plans to sink $7 Billion (yeah, Billion with a B) into producing these new 32 nanometer wafers (kinda like vanilla wafers except fewer calories).  Then came even BETTER news for the people of the Rose City (or Silicon Forest as it’s known in the tech world).

$1.5 Billion of that cash is coming right to Oregon (on top of another Billion Intel slipped our way over the last year).  That massive bankroll means countless saved jobs, PLUS the creation of 1,500 new jobs.

Even better, these nifty nanometer wafers supposedly are the building blocks of the digital world’s future, offering a smaller, more energy efficient model.

Anyone else feel like mom and dad just stopped by the apartment and said “You remember that $20 you borrowed?  Keep it.  Oh, and here’s next month’s rent as a bonus.  And that clunker car you drive?  this weekend we’re going to take you to upgrade to a new Prius.”

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