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Technology Stocks : Semi Equipment Analysis
SOXX 312.76+1.1%4:00 PM EST

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To: robert b furman who wrote (43303)2/10/2009 9:55:31 AM
From: Kirk ©2 Recommendations   of 95536
 
BIG news from Intel. It plans to invest $7B over the next two years to build new factories in Oregon, New Mexico and Arizona to build 32nm devices!

Full story biz.yahoo.com

The story says "The money will pay the salaries of about 7,000 "high-wage, high-skill" jobs that already exist at those plants."

I wonder if Intel waited for Obama to announce plans to reward companies to keep jobs in the US. Sort of "get in good with da new prez...." If so, others could have held back announcements of good news until they get lower taxes and stimulus announced.... Maybe some will use the Intel announcement to bash Senators over the head with by saying "Intel is keeping jobs in the US and so will other companies if they are given help."
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