
Intel to Sell and Lease Back Key U.S. Campuses in Major Cost-Cutting Move
Intel is considering selling its Hawthorne Farms site in Hillsboro, Oregon, as part of a broader consolidation strategy amid financial challenges, including a $17 billion loss last quarter. This move coincides with the U.S. government's $6.6 billion investment in TSMC to build semiconductor facilities in Arizona under the CHIPS Act. Oregon is vying for a final CHIPS Act opportunity with the NAPMP Advanced Packaging Piloting Facility, but competition from states like Georgia and Arizona is strong. The outcome could significantly impact Intel's future operations in Oregon.











