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 Intel Is Building A $20 Billion Computer Chip Facility In Ohio Amid A Global Shortage 

Enlarge this image Intel Corp. Is planning to invest investment more than $20 billion in two computer chip plants in central Ohio to help address a global semiconductor shortage. Richard Drew/AP hide caption toggle caption Richard Drew/AP Intel Corp. Is planning to invest investment more than $20 billion in two computer chip plants in central Ohio to help address a global semiconductor shortage. Richard Drew/AP COLUMBUS, Ohio — Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in everything from phones and cars to video games. After years of heavy reliance on Asia for the production of computer chips, vulnerability to shortages of the crucial components was exposed in the U.S. And Europe as they began to emerge economically from the pandemic. The U.S. Share of the worldwide chip manufacturing market has declined from 37% in 1990 to 12% today, according to the Semiconductor Industry Association, and shortages have become a potential risk. Two chip factories on the 1,000-acre site in Licking County, just east of Columbus, are expected to create 3,000 company jobs and 7,000 construction jobs, and to support tens of thousands of additional jobs for suppliers and partners, the company and local and state officials announced Friday. National Samsung says it will build $17B chip factory in Texas Construction is expected to begin this year, with production coming online at the end of 2025. Shortages of chips have crimped the ability of U.S. Automakers to produce vehicles and last year, General Motors was unseated by Toyota as the nation's top-selling automaker for the first time. The U.S. And Europe are pushing to aggressively to build chip making capacity and reduce reliance on producers that are now mostly based in Asia. Several chipmakers last year signaled an interest in expanding their American operations if the U.S. Government is able to make it easier to build chip plants. Chipmakers are diversifying their manufacturing sites in response to the shortages. Samsung said in November it plans to build a $17 billion factory outside of Austin, Texas. Technology FTC sues to block big semiconductor chip industry merger between Nvidia and Arm Micron Technology, based in Boise, Idaho, said it will invest $150 billion globally over the next decade in developing its line of memory chips, with a potential U.S. Manufacturing expansion if tax credits can help make up for the higher costs of American manufacturing. However, demand for computer chips continues to grow. Lawmakers worry that the chip shortage will leave the U.S. Vulnerable Lawmakers have been urging House and Senate leaders to fully fund a law meant to address the semiconductor chip shortage. They want Congress to fully fund the $52 billion CHIPS for America Act, allowing for stateside investment in semiconductor factories. Not only has the chip shortage disrupted the U.S. Economy, it is creating a vulnerability in the country's defense system since eight of every 10 chips are produced in Asia, lawmakers say. Separate federal legislation also under consideration would create a new tax credit for investment in semiconductor manufacturing facilities. U.S. Commerce Secretary Gina Raimondo applauded the announcement. Stuck in transit: The supply chain in disarray How A Single Missing Part Can Hold Up $5 Million Machines And Unleash Industrial Hell "Intel's work is essential to our efforts to rebuild America's chip building capacity and create the kindsof good-paying jobs that support a vibrant American economy," she said. The Intel project is the largest single private-sector investment in Ohio's history, on par with an agreement in 1977 that brought Honda to central Ohio, where it now employs more than 14,000 people. The Intel jobs are expected to pay an average of $135,000 a year plus benefits, with the project slated to add $2.8 billion to the state's annual gross product, Ohio Gov. Mike DeWine said in a statement. Computer chip makers can't share all the data the U.S. Wants for examining shortages "Intel's new facilities will be transformative for our state, creating thousands of good-paying jobs in Ohio manufacturing strategically vital semiconductors," DeWine said. Intel, based in Santa Clara, Calif., announced plans last year to spend $20 billion for two new factories in Arizona. It's also pitching for European subsidies to build a big plant somewhere within the European Union and last month said it will invest $7.1 billion to expand its decades-old manufacturing operation in Malaysia, home to roughly 10% of the company's global workforce. Along with the U.S. And Malaysia, Intel also has existing plants in Ireland, Israel, Vietnam and China. Asia Taiwan Races To Remedy Car Chip Shortage But No End In Sight, Says Economy Minister Intel is the No. 2 semiconductor manufacturer globally, with $73.1 billion in revenue last year, behind South Korean world leader Samsung Electronics with $76 billon, according market analysis from Gartner Inc. Central Ohio, long known for a largely white-collar workforce, has added high-tech jobs in recent years, with Amazon, Facebook, and Google all building data centers in the region.

Biden Touts Plans For $20B Computer Chip Factory 

Declaring it an investment in America, President Joe Biden hailed an announcement by Intel Corp. That it will construct a $20 billion factory outside Columbus, Ohio, creating 7,000 construction jobs and an additional 3,000 permanent jobs. (Jan. 21) AP

Look Out For 'we Need To Fix Your Computer' Calls 

If someone wearing an official-looking uniform rang your doorbell unannounced, stated they were from your local car dealership’s service department, and said they needed your car keys to fix a recently discovered problem, would you do it; would you give them the keys to your car? That may sound far-fetched, but people do it all the time with their computers. Think about this scenario: if someone called you on the phone, said they were from the “Microsoft Windows Technical Department” and claimed they needed to remotely repair your computer because it had been hacked, would you believe them? I hope not, because it’s a scam. Someone contacts me at least once a week, stating they have received such a call, and asking if it was legitimate. One of my jobs lately has been helping someone who fell for the scam, gave the bad guys their credit card number, had money stolen and had the bad guys lock them out of their own computer, losing everything there. The calls go something like this: the Windows Technical Department’s “Central Server” has been receiving error warnings from your computer, indicating that your computer is in danger of crashing or being hacked. The helpful tech support guy, speaking with a great sense of urgency, then asks you to “test” your computer by pressing certain key combinations on your keyboardA confusing-looking window called “Event Viewer” opens, filled with technical gobbledygook error messages, “proving” your computer has been hacked. He explains that the “Central Server” gave him your phone number, so he could call and help you. As the call progresses, you are pressured to visit a certain website and install something that will allow remote control of your computer, so that “repairs” can be effected. You are also asked to provide a credit card number to pay for services rendered. Victims of this scam end up losing between $50-500. They also risk losing everthing on the computer. A few years ago, the Federal Trade Commission started taking scammers like this to court; unfortunately, new scams spring up every day, so it’s an ongoing crackdown that may never end. “The FTC has been aggressive — and successful — in its pursuit of tech support scams,” said FTC Chairman Jon Leibowitz, “and the tech support scam artists ... Have taken scareware to a whole other level of virtual mayhem.” The FTC stated that the operations — mostly based in India — target English-speaking consumers in the United States, Canada, Australia, Ireland, New Zealand and the U.K. Most of the scammers use telemarketing boiler rooms to call consumers. Others lure consumers by placing ads with Google which appear when consumers search for their computer company’s tech support telephone number. According to the FTC, after getting the consumers on the phone, the telemarketers claim they are affiliated with legitimate companies, including Dell, Microsoft, McAfee, and Norton, and tell consumers they have detected malware that poses an imminent threat to their computers. The FTC also says the scammers try to avoid detection by consumers and law enforcers by using virtual offices that are actually just mail-forwarding facilities, and by using hundreds of different website names and phone numbers. Visit my website at davemoorecomputers.Com and you’ll see a video of me called “Scamming the Tech Support Scammers” that you may enjoy. In the video, I call one of the scammers and lead him on for a bit, demonstrating some of the tactics they use. Nobody from Microsoft will ever call you out of the blue offering to fix your computer. Enjoy the video, and caveat emptor. Dave Moore, CISSP, has been fixing computers in Oklahoma since 1984. Founder of the non-profit Internet Safety Group Ltd., he also teaches Internet safety community training workshops. He can be reached at 919-9901 or internetsafetygroup.Org.

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