It's amazing to me the number of people ranting at each other about this, when it seems like straight up BS. Intel's current and past manufacturing sites are not in low cost of living locations: https://en.wikipedia.org/wiki/List_of_Intel_manufacturing_si... There are two exceptions: one in China, one in Malaysia, but that is two out of dozens in the US/EU/Israel.
And even then, Malaysia has a bigger GDP PPP per capita than Chile, Bulgaria, Uruguay, and only slightly behind Greece! Quite a bit above Mexico too! They aren't a low-cost country.