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2021-06-04

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2021-06-04

? cool

3 Great Reasons to Buy Zoom Stock

2021-06-04

Wow

Why Intel and TSMC are building water-dependent chip factories in one of the driest U.S. states

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cool","listText":"? cool","text":"? cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116206947","repostId":"2140427206","repostType":4,"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116208597,"gmtCreate":1622800429819,"gmtModify":1704191437276,"author":{"id":"3585870896525688","authorId":"3585870896525688","name":"88888c","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585870896525688","authorIdStr":"3585870896525688"},"themes":[],"htmlText":"? cool","listText":"? cool","text":"? cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116208597","repostId":"2140427206","repostType":4,"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":116208597,"gmtCreate":1622800429819,"gmtModify":1704191437276,"author":{"id":"3585870896525688","authorId":"3585870896525688","name":"88888c","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585870896525688","authorIdStr":"3585870896525688"},"themes":[],"htmlText":"? cool","listText":"? cool","text":"? cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116208597","repostId":"2140427206","repostType":4,"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116206947,"gmtCreate":1622800464189,"gmtModify":1704191437601,"author":{"id":"3585870896525688","authorId":"3585870896525688","name":"88888c","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585870896525688","authorIdStr":"3585870896525688"},"themes":[],"htmlText":"? cool","listText":"? cool","text":"? cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116206947","repostId":"2140427206","repostType":4,"repost":{"id":"2140427206","pubTimestamp":1622794661,"share":"https://ttm.financial/m/news/2140427206?lang=&edition=fundamental","pubTime":"2021-06-04 16:17","market":"us","language":"en","title":"3 Great Reasons to Buy Zoom Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2140427206","media":"Motley Fool","summary":"It's a mistake to think this growth story is over.","content":"<p><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications&nbsp;</b>(NASDAQ:ZM) was a market darling in 2020, but lately it has been mostly forgotten.</p>\n<p>After the stock soared nearly 400% last year, shares are now flat year to date in 2021, lagging the <b>S&amp;P 500</b>. With many Americans now vaccinated and economies around the world starting to reopen, Zoom is no longer in vogue like it was at the height of the global health crisis.</p>\n<p>But following the video-conferencing specialist's first-quarter report, investors were reminded of several reasons why Zoom is still a great stock to own. Let's take a look at three of them.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5dabb0b68fe32e12c1462accee7e973b\" tg-width=\"700\" tg-height=\"474\"><span>Image source: Zoom.</span></p>\n<h2>1. The Zoom boom is far from over</h2>\n<p>Zoom may never again be as buzzworthy as it was during the height of the pandemic when lockdowns drove workplaces, schools, and other communities to adopt the cloud-based video-conferencing technology. But Zoom's recent results and guidance make it clear that hybrid work is here to stay.</p>\n<p>Revenue in the first quarter surged 191% to $956 million, easily eclipsing the company's own guidance and the analyst consensus. Even as the company faces headwinds from the economic reopening, it still expects revenue to grow sequentially to $985 million to $990 million in the second quarter, representing nearly 50% growth from the second quarter a year ago. Management also raised its full-year guidance to nearly $4 billion in revenue, up from less than $3.8 billion previously, as the company's guidance tends to be conservative.</p>\n<p>Though some investors are concerned about threats from tech giants like <b>Microsoft&nbsp;</b>and Google, Zoom is enhancing its platform to make its independence an asset. The company recently reintroduced its software development kit to allow developers to embed Zoom technology in another app, adding to its utility and strengthening its competitive advantages.</p>\n<p>While the pandemic tailwinds will fade, there's little doubt that remote work and learning will grow over the long term, expanding Zoom's addressable market.</p>\n<h2>2. Profit margins are huge</h2>\n<p>There are a number of popular high-growth cloud stocks that aren't profitable. That's not the case with Zoom. In fact, it's <a href=\"https://laohu8.com/S/AONE\">one</a> of the most profitable stocks you'll find anywhere.</p>\n<p>In the first quarter, its adjusted net income was $402 million, a profit margin of nearly 45%, and its free cash flow was $454.2 million, giving the company a free cash flow margin of nearly 50%. At scale, Zoom has demonstrated that it's a highly profitable business, as most of the subscription fees from incremental customers flow directly to the bottom line. Because of its brand recognition and the evident value of its product, Zoom can afford to spend less on marketing than many of its cloud peers, and profitability should get a boost once K-12 schools return to in-person learning (Zoom has been giving its product to many schools for free).</p>\n<p>In the first quarter, adjusted earnings per share of $1.32 easily beat the analyst consensus at $0.99. For the full year, the company expects adjusted earnings per share of $4.56 to $4.61, which could easily move higher given the company's history of raising guidance. Based on that forecast, the stock is trading at a forward price-to-earnings ratio of 72, which looks like a very reasonable price for a high-growth company in today's market.</p>\n<h2>3. Employees love the company</h2>\n<p>Competition for talent in the software industry is intense, but Zoom is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most-loved companies in the country, according to Glassdoor. Zoom rates 4.7 stars on the job search site, with 94% of respondents saying they recommend the company and 98% saying they approve of CEO Eric Yuan. Zoom has also been as high as No. 2 on Glassdoor's list of the best places to work, and Yuan was rated the No. 1 best CEO in 2018.</p>\n<p>Yuan, who has one of the more inspiring stories you'll find among tech CEOs, has said that his employees' happiness is his top priority. That's proven to be wise strategy as Zoom's workplace culture is a key asset, and one reason the company was able to scale up so suddenly last year. Its ability to attract and retain top-notch talent also gives it a competitive advantage. Ultimately, a company like Zoom is only as strong as its employees, and Yuan's focus on employee happiness will help ensure that Zoom remains a leader in video conferencing and the broader cloud computing industry.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Great Reasons to Buy Zoom Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Great Reasons to Buy Zoom Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 16:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/03/3-great-reasons-to-buy-zoom-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Zoom Video Communications (NASDAQ:ZM) was a market darling in 2020, but lately it has been mostly forgotten.\nAfter the stock soared nearly 400% last year, shares are now flat year to date in 2021, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/03/3-great-reasons-to-buy-zoom-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"source_url":"https://www.fool.com/investing/2021/06/03/3-great-reasons-to-buy-zoom-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140427206","content_text":"Zoom Video Communications (NASDAQ:ZM) was a market darling in 2020, but lately it has been mostly forgotten.\nAfter the stock soared nearly 400% last year, shares are now flat year to date in 2021, lagging the S&P 500. With many Americans now vaccinated and economies around the world starting to reopen, Zoom is no longer in vogue like it was at the height of the global health crisis.\nBut following the video-conferencing specialist's first-quarter report, investors were reminded of several reasons why Zoom is still a great stock to own. Let's take a look at three of them.\nImage source: Zoom.\n1. The Zoom boom is far from over\nZoom may never again be as buzzworthy as it was during the height of the pandemic when lockdowns drove workplaces, schools, and other communities to adopt the cloud-based video-conferencing technology. But Zoom's recent results and guidance make it clear that hybrid work is here to stay.\nRevenue in the first quarter surged 191% to $956 million, easily eclipsing the company's own guidance and the analyst consensus. Even as the company faces headwinds from the economic reopening, it still expects revenue to grow sequentially to $985 million to $990 million in the second quarter, representing nearly 50% growth from the second quarter a year ago. Management also raised its full-year guidance to nearly $4 billion in revenue, up from less than $3.8 billion previously, as the company's guidance tends to be conservative.\nThough some investors are concerned about threats from tech giants like Microsoft and Google, Zoom is enhancing its platform to make its independence an asset. The company recently reintroduced its software development kit to allow developers to embed Zoom technology in another app, adding to its utility and strengthening its competitive advantages.\nWhile the pandemic tailwinds will fade, there's little doubt that remote work and learning will grow over the long term, expanding Zoom's addressable market.\n2. Profit margins are huge\nThere are a number of popular high-growth cloud stocks that aren't profitable. That's not the case with Zoom. In fact, it's one of the most profitable stocks you'll find anywhere.\nIn the first quarter, its adjusted net income was $402 million, a profit margin of nearly 45%, and its free cash flow was $454.2 million, giving the company a free cash flow margin of nearly 50%. At scale, Zoom has demonstrated that it's a highly profitable business, as most of the subscription fees from incremental customers flow directly to the bottom line. Because of its brand recognition and the evident value of its product, Zoom can afford to spend less on marketing than many of its cloud peers, and profitability should get a boost once K-12 schools return to in-person learning (Zoom has been giving its product to many schools for free).\nIn the first quarter, adjusted earnings per share of $1.32 easily beat the analyst consensus at $0.99. For the full year, the company expects adjusted earnings per share of $4.56 to $4.61, which could easily move higher given the company's history of raising guidance. Based on that forecast, the stock is trading at a forward price-to-earnings ratio of 72, which looks like a very reasonable price for a high-growth company in today's market.\n3. Employees love the company\nCompetition for talent in the software industry is intense, but Zoom is one of the most-loved companies in the country, according to Glassdoor. Zoom rates 4.7 stars on the job search site, with 94% of respondents saying they recommend the company and 98% saying they approve of CEO Eric Yuan. Zoom has also been as high as No. 2 on Glassdoor's list of the best places to work, and Yuan was rated the No. 1 best CEO in 2018.\nYuan, who has one of the more inspiring stories you'll find among tech CEOs, has said that his employees' happiness is his top priority. That's proven to be wise strategy as Zoom's workplace culture is a key asset, and one reason the company was able to scale up so suddenly last year. Its ability to attract and retain top-notch talent also gives it a competitive advantage. Ultimately, a company like Zoom is only as strong as its employees, and Yuan's focus on employee happiness will help ensure that Zoom remains a leader in video conferencing and the broader cloud computing industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116206532,"gmtCreate":1622800501626,"gmtModify":1704191438737,"author":{"id":"3585870896525688","authorId":"3585870896525688","name":"88888c","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585870896525688","authorIdStr":"3585870896525688"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116206532","repostId":"1151328514","repostType":4,"repost":{"id":"1151328514","pubTimestamp":1622795229,"share":"https://ttm.financial/m/news/1151328514?lang=&edition=fundamental","pubTime":"2021-06-04 16:27","market":"us","language":"en","title":"Why Intel and TSMC are building water-dependent chip factories in one of the driest U.S. states","url":"https://stock-news.laohu8.com/highlight/detail?id=1151328514","media":"CNBC","summary":"KEY POINTS\n\nThe Grand Canyon State may not seem like the most obvious place for a chip “foundry” or ","content":"<div>\n<p>KEY POINTS\n\nThe Grand Canyon State may not seem like the most obvious place for a chip “foundry” or “fab” since the high-tech manufacturing plants guzzle millions of gallons of water every day.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/why-intel-tsmc-are-building-water-dependent-chip-plants-in-arizona.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Intel and TSMC are building water-dependent chip factories in one of the driest U.S. states</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Intel and TSMC are building water-dependent chip factories in one of the driest U.S. states\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 16:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/04/why-intel-tsmc-are-building-water-dependent-chip-plants-in-arizona.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe Grand Canyon State may not seem like the most obvious place for a chip “foundry” or “fab” since the high-tech manufacturing plants guzzle millions of gallons of water every day.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/why-intel-tsmc-are-building-water-dependent-chip-plants-in-arizona.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","INTC":"英特尔"},"source_url":"https://www.cnbc.com/2021/06/04/why-intel-tsmc-are-building-water-dependent-chip-plants-in-arizona.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1151328514","content_text":"KEY POINTS\n\nThe Grand Canyon State may not seem like the most obvious place for a chip “foundry” or “fab” since the high-tech manufacturing plants guzzle millions of gallons of water every day.\nArizona received just 13.6 inches of rainfall on average per year between 1970 and 2000, according to the NOAA National Climatic Data Center, making it the fourth driest state nationwide.\nIntel notes on its website that it is striving to achieve “net positive water use” in Arizona and that it has funded 15 water restoration projects that aim to benefit the state\n\nThe biggest semiconductor manufacturers in the world are quickly trying to build new factories as the global chip crisis continues to wreak havoc on a plethora of industries.\nU.S. semiconductor giant Intel announced in March that it plans to spend $20 billion on two new chip plants in Arizona. Separately,TSMC (Taiwan Semiconductor Manufacturing Company) said it was going to build a $12 billion factory in Arizona, and chief executive C.C. Wei said Wednesday that construction had already begun.\nThe Grand Canyon State may not, however, seem like the most obvious place for a chip “foundry” or “fab” since the high-tech manufacturing plants guzzle millions of gallons of water every day.\nAt present, in the face of climate change, Arizona is facing a deepening water crisis and some of the state’s all-important aquifers have an uncertain future.\nArizona received just 13.6 inches of rainfall on average per year between 1970 and 2000, according to the NOAA National Climatic Data Center, making it the fourth driest state nationwide. Conversely, Hawaii and Louisiana recorded the highest levels of average yearly precipitation in the U.S. over the same time frame, reporting 63.7 inches and 60.1 inches, respectively.\n“Water is a key element in semi manufacturing, but the infrastructure has been put in place [in Arizona] to ensure adequate supply to meet the industry’s current needs,” Alan Priestley, vice president analyst at tech research firm Gartner, told CNBC.\nA key consideration of any new construction would most likely be contributions to enhancing the water supply infrastructure, he added.\nGlenn O’Donnell, vice president and research director at analyst firm Forrester, told CNBC that chip fabrication plants “recycle water religiously,” adding that it’s a bit like a swimming pool in an enclosed building.\n“You need a lot to fill it, but you don’t have to add much to keep it going,” he said. “Also, being in an enclosed space, a lot of the water that evaporates can be captured with a dehumidifier and returned to the pool. The fabs will do similar things with their own water usage.”\nIntel notes on its website that it is striving to achieve “net positive water use” in Arizona and that it has funded 15 water restoration projects that aim to benefit the state. “Once fully implemented, these projects will restore an estimated 937 million gallons each year,” the company says.\nBeyond water\nTSMC and Intel, two of the biggest heavyweights in the chip industry, have chosen to expand in Arizona for several other reasons, according to the analysts.\nIntel has had a presence in Arizona for over 40 years and the state is home to a well-established semiconductor ecosystem. Other major chip companies with a presence in Arizona include On Semiconductor, NXP and Microchip.\nIntel now employs over 12,000 people in Arizona and the state is home to Intel’s newest manufacturing facility, Fab 42.\nAs Intel has increased its presence in Arizona, the local universities have “established a strong reputation for semiconductor design courses and research providing a highly-skilled work force for the local semi industry,” Priestley said. “This has helped create an ecosystem of companies to supply the products and services necessary to manufacture chips.”\nTSMC will be “able to tap into these resources and [the] ecosystem of supply chain vendors,” Priestley said.\nLocal tax breaks and incentives “will have played a big part” in the initial site selection, he continued, noting that land availability, land costs, housing costs and the local economy will have also been considered.\nSeismically stable\nThe case for Arizona doesn’t stop there. Its seismic stability and relatively low risk of other natural interference are appealing to chipmakers, O’Donnell said.\n“A chip factory cannot shake, not even a microscopic amount,” he said, adding that they set such factories into the bedrock to keep them still. “Even a 0.5 Richter shake can ruin an entire crop of chips.”\nThat said, Intel does have some chip plants on the West Coast of the U.S., where the ground is more susceptible to earthquakes. The company has a huge presence in Hillsboro, Oregon, for example.\n“The West Coast does have fabs but they need to take great measures to isolate the shaking,” said O’Donnell. “They don’t need such drastic measures in Arizona because it shakes a lot less.”\nArizona is also immune from most other natural disasters like hurricanes and wildfires, O’Donnell said.\nWith its bountiful sunshine, Arizona also boasts “dependable, plentiful and green electrical power,” O’Donnell said, calling out Salt River Project as a local power utility in the Phoenix area that caters to big consumers of power. A chip foundry needs power on the scale of a steel plant, according to O’Donnell.\nUltimately, it largely boils down to politics.\n“The political machinery in Arizona is determined to make the state business friendly,” said O’Donnell. “More business equals more and better jobs equals more votes to the power brokers. The recent announcements by Intel and TSMC come via a lot of help from federal, state and local government entities.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}