Micron Pledges Up to $100B for Semiconductor Factory in New Yorknytimes.com 27 pointsalbertsun3 years ago9 commentsSaveHideCopy link On HNComments−killingtime743yIt’s interesting a company with a market cap of under $60B and under $30B annual revenue can pledge so much. I guess that’s finance for you−thoughtstheseus3yThat’s the Foundry business. Huge capital expenditures to build Fabs.−cubecul3yhttps://archive.ph/dJYx0−king_magic3yIncredible news for Upstate NY.−thehappypm3yI think it’s one of the great untapped regions of America, and all signs are pointing towards it booming in the future.Proximity to major markets: excellent access to NYC, Boston, Buffalo, Philadelphia markets and moreWeather: bad, but improving with global warming and minimally negatively impacted (drought resistant, no coasts to flood)Outdoors: Adirondacks, finger lakes, tons of gorges and waterfalls and suchEducation: tons of colleges (Cornell, Colgate, SUNY, Ithaca, Hamilton, Syracuse)−nxm3yBad: High taxes and burdensome regulations−lrx3yFalse. Not bad enough to discourage a potential $100B semiconductor factory.−killingtime743yI don’t know either way but it’s probable they got big tax breaks in this case−thehappypm3yWhat are some examples of burdensome regulations? As I understand it it’s a major hub for fracking, which doesn’t make sense with it being burdensome
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It’s interesting a company with a market cap of under $60B and under $30B annual revenue can pledge so much. I guess that’s finance for you
That’s the Foundry business. Huge capital expenditures to build Fabs.
https://archive.ph/dJYx0
Incredible news for Upstate NY.
I think it’s one of the great untapped regions of America, and all signs are pointing towards it booming in the future.
Proximity to major markets: excellent access to NYC, Boston, Buffalo, Philadelphia markets and more
Weather: bad, but improving with global warming and minimally negatively impacted (drought resistant, no coasts to flood)
Outdoors: Adirondacks, finger lakes, tons of gorges and waterfalls and such
Education: tons of colleges (Cornell, Colgate, SUNY, Ithaca, Hamilton, Syracuse)
Bad: High taxes and burdensome regulations
False. Not bad enough to discourage a potential $100B semiconductor factory.
I don’t know either way but it’s probable they got big tax breaks in this case
What are some examples of burdensome regulations? As I understand it it’s a major hub for fracking, which doesn’t make sense with it being burdensome