Intel Corp (INTC.O) is considering a significant increase in its existing $1.5-billion investment in Vietnam to expand its chip testing and packaging plant in the Southeast Asian nation, two sources familiar with the matter told Reuters.
https://www.reuters.com/technology/intel-weighs-boosting-investment-vietnam-chip-packaging-plant-sources-2023-02-10/
Sending money to Asia at the expense of American posterity is what Baby Boomers do best!
What happened to bring jobs back to US.
What good is chips made in US but useless unless shipped to the far East for final assembly.
Didn’t Vietnam give some country a real Whoop A$$? Now taking jobs away from Americans Whoop A$$ round two.
Ask Pat how he can ship jobs and manufacturing overseas and weaken the supply chain?
They’re also rumored to be increasing the dividend.