[HN Gopher] Micron Pledges Up to $100B for Semiconductor Factory...
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       Micron Pledges Up to $100B for Semiconductor Factory in New York
        
       Author : albertsun
       Score  : 21 points
       Date   : 2022-10-04 18:09 UTC (4 hours ago)
        
 (HTM) web link (www.nytimes.com)
 (TXT) w3m dump (www.nytimes.com)
        
       | killingtime74 wrote:
       | 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
        
         | thoughtstheseus wrote:
         | That's the Foundry business. Huge capital expenditures to build
         | Fabs.
        
       | king_magic wrote:
       | Incredible news for Upstate NY.
        
         | thehappypm wrote:
         | 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)
        
           | nxm wrote:
           | Bad: High taxes and burdensome regulations
        
             | thehappypm wrote:
             | 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
        
             | lrx wrote:
             | False. Not bad enough to discourage a potential $100B
             | semiconductor factory.
        
       | cubecul wrote:
       | https://archive.ph/dJYx0
        
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       (page generated 2022-10-04 23:02 UTC)