{"id":75267,"date":"2023-10-21T12:37:07","date_gmt":"2023-10-21T16:37:07","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/why-chip-makers-favor-arizona\/"},"modified":"2023-10-21T12:37:11","modified_gmt":"2023-10-21T16:37:11","slug":"why-chip-makers-favor-arizona","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=75267","title":{"rendered":"Why Chip Makers Favor Arizona"},"content":{"rendered":"
\n

To the Editor:<\/strong>
Along with Taiwan Semiconductor Manufacturing\u2019s $40 billion investment in Arizona, Intel is investing $20 billion in expanding its already large research and manufacturing presence in nearby Chandler (\u201cHow Global Conflict Led to a Surprising Plan to Make Apple Chips in a Desert,\u201d Cover Story, Oct. 13).<\/p>\n

\n

In addition to swaths of land around Phoenix, a favorable climate, and reliable and favorable utilities, the state offers Arizona State University and the Maricopa Community College system, which are the largest public university and community college system in the U.S. and have developed engineering, technology, and computer science programs that will meet the labor force needs of Intel, TSMC, and others in the semiconductor and related spaces.<\/p>\n

Ted Ferris<\/strong>
On Barrons.com<\/strong><\/p>\n

National Security Issue<\/h2>\n

To the Editor:<\/strong>
Recent events will drive a huge need to increase our military budget (\u201cWhat Budget Crisis? The U.S. Will Borrow Even More as Global Tensions Grow,\u201d The Economy, Oct. 13). It could be argued that quantitative tightening will be competing with our military industry for funds, as Federal Reserve bond sales compete with Treasury issuance to find buyers. The Fed might find that QT has shifted from an inflation issue to a national security issue, and should halt its sale of Treasuries.<\/p>\n

Eric Swergold<\/strong>Mill Valley, Calif.<\/strong><\/p>\n

Hedging With Oil<\/h2>\n

To the Editor:<\/strong>
Barron\u2019s<\/em> suggests hedging with oil against Middle East turmoil and provides a number of options (\u201cWant to Bet on Higher Oil Prices? Try These 4 Funds,\u201d The Trader, Oct. 13). Another one that individual investors might, due to light volume, consider is the closed-end fund BlackRock Energy and Resources Trust, at $12.95. It holds 27 securities, including all of the majors: Exxon Mobil (19%), Shell (11%), Total (7%), ConocoPhillips (7%), and BP (7%). It trades at a 13% discount to net asset value and pays a 6.57-cent monthly dividend, which was raised in March from 5.85 cents for a yield of 6.1%. <\/p>\n

Harvey Rosen<\/strong>
Brooklyn, N.Y. <\/strong><\/p>\n

Another EV Play<\/h2>\n

To the Editor:<\/strong>
Notwithstanding the United Auto Workers strike and its deleterious effects, I still like Al Root\u2019s ideas on car electrification (\u201cWhere to Invest $100,000 Right Now,\u201d Guide to Wealth, Oct. 13). To his list, I would add Linama. This is a diversified Canadian industrial with strong markets in both agricultural and access equipment, with mobility and propulsion agnostic\/electric-vehicle sales. Revenue is up 29% this year, and six-month earnings per share are up 33%. Executive commentary is extremely bullish. It pays a dividend, and the stock trades at roughly eight times trailing 12-month earnings.<\/p>\n

Mike Meehan<\/strong>
Bradenton, Fla.<\/strong><\/p>\n

Send letters to: <\/strong>mail@barrons.com. To be considered for publication, correspondence must bear the writer\u2019s name, address, and phone number. Letters are subject to editing.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

To the Editor:Along with Taiwan Semiconductor Manufacturing\u2019s $40 billion investment in Arizona, Intel is investing $20 billion in expanding its already large research and manufacturing presence in nearby Chandler (\u201cHow Global Conflict Led to a Surprising Plan to Make Apple Chips in a Desert,\u201d Cover Story, Oct. 13). In addition to swaths of land around […]<\/p>\n","protected":false},"author":1,"featured_media":67099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-75267","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nWhy Chip Makers Favor Arizona | iFintechWorld<\/title>\n<meta name=\"description\" content=\"To the Editor:Along with Taiwan Semiconductor Manufacturing\u2019s $40 billion investment in Arizona, Intel is investing $20 billion in expanding its already\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=75267\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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