Old DEC plant to shut its doors in 2014. http://www.bit-tech.net/news/hardware/2013/09/16/intel-hudson-closure/1
This is likely more of a factor than Intel 'feeling the pinch' or whatever. With Atom moving to a current process and functions traditionally farmed out to north/southbridge chips migrating on-die, there's little reason for Intel to keep around expensive (fewer chips produced per wafer) legacy fabs.
Agreed. Intel has more money than they know what to do with, but supposing that this plant really isn't up to intel's standards, it might not even be worth it for intel to try renovating it. Kind of a shame though, since tech jobs outside of Boston and Cambridge are already hard enough to find in MA.
