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Intel to invest $20 billion to build manufacturing plants in Ohio

By:
Reuters
Published: Jan 21, 2022, 10:08 UTC

(Reuters) - Intel Corp said on Friday it would invest $20 billion to build two new plants in Ohio that would develop and manufacture advanced semiconductor chips, as it races to catch up with rivals in other parts of the world.

An Intel Corporation logo is seen on a sticker on a laptop for sale in Queens, New York

(Reuters) – Intel Corp said on Friday it would invest $20 billion to build two new plants in Ohio that would develop and manufacture advanced semiconductor chips, as it races to catch up with rivals in other parts of the world.

(Reporting by Nivedita Balu in Bengalurul Editing by Anil D’Silva)

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