Re: Japan is paying massive subsidies
There's a reason Japan has to pay those subsidies - operating fabs there is more expensive due to more frequent earthquakes. Intel always sites in places (Oregon, Arizona, Ireland, soon Ohio and maybe Germany) where that's not an issue.
When an earthquake occurs all in process wafers are lost. Today that's like three months worth, and before long will be four months worth. That's enough to turn a profit to a loss even in an otherwise very profitable foundry.