https://news.ycombinator.com/item?id=23813420 >This is very **bad for the US** semiconductor industry. Intel is the only US company with state of the art fabs in the US.[1] (Global Foundries 14nm fab in East Fishkill, NY, formerly an IBM fab, maybe. It's owned by the Emirate of Abu Dhabi and is being sold to ON Semiconductor.) Intel is profitable because they have high margins on x86 family parts. That margin will now start to drop as Intel faces competition from commodity ARM processors. > >**The US already lost the DRAM industry, the disk industry, the display panel industry, most of the small component industry, and the consumer electronics industry. In ten years, the US won't be able to make electronics in volume.** > [1] https://en.wikipedia.org/wiki/List_of_semiconductor_fabrication_plants