俄勒冈州希尔斯伯勒的霍桑农场园区则是一块黄金地产，被用于英特尔的主板研究。据该园区的一名员工称，该处园区中的50英亩土地将被出售，剩下的100英亩则可能被重新用于其他技术用途。① Intel plans to sell its Folsom factory in California and land in Hillsboro, Oregon, to adjust its global real estate strategy and save costs; ② Intel continues to face financial pressure, reporting a loss of 17 billion dollars last quarter, and as hopes of receiving government subsidies from the usa dwindle, it is compelled to consider self-rescue actions.
Financial Associated Press, November 25 (Editor: Ma Lan) Major news has emerged regarding the usa chip giant Intel. Reports indicate that Intel will sell its land in the Folsom factory in California and Hillsboro, Oregon.
A month ago, Intel committed to laying off 300 employees at the Folsom factory, indicating that the factory in the fastest-growing city in California is stagnating. Now, Intel will continue to sell office space in Folsom and then lease back part of the factory.
The Hawthorn Farm Park in Hillsboro, Oregon, is a piece of gold real estate used for Intel's main board research. According to an employee at the park, 50 acres of land in the park will be sold, while the remaining 100 acres may be repurposed for other technological uses.
Intel has confirmed its decision to sell the Folsom industrial park real estate. A spokesperson stated in a statement that the company will adjust its global real estate strategy, focusing on densely populated areas while digesting those underutilized spaces. This will help the company save costs and promote further cooperation.
Some states are pressuring the White House.
Although Intel's decision to sell real estate is sudden, it is not unexpected. With the Biden administration about to step down and the Chips Act in jeopardy, Intel has to consider the possibility of raising more funds independently and can no longer solely rely on government subsidies.
Last quarter, Intel reported a loss of 17 billion dollars, which is attributed to the difficulties in making profits from its chip foundry business. Over the past few months, although the market changed its mind about selling Intel’s stocks due to the company's self-rescue efforts, the stock price is still down by 48.74% from the beginning of the year.
What makes the market rather difficult is that the new president of the usa, Trump, may not be bullish for intel.
Trump may not refuse financial resources for the taiwan semiconductor factory in Arizona, but he is unlikely to lean towards providing more resources to deep blue states like Oregon and California, which will clearly pose some difficulties for intel and local state governments.
Oregon leaders are reportedly pressuring Biden along with leaders from Ohio, New Mexico, and New York to allocate and distribute the funds from the CHIPS Act before he leaves office, which includes an $8 billion grant for intel and an additional $11 billion in low-interest loans.
