Intel Investing $20 Billion to Build 2 New Chip Factories in Ohio

Intel Investing $20 Billion to Build 2 New Chip Factories in Ohio
A logo of US semi-conductor giant Intel is on display at the Digital Business fair CEBIT in Hanover, central Germany, on March 15, 2016. John Macdougall/AFP/Getty Images
Allen Zhong
Updated:

Intel Corporation announced Friday that it is investing $20 billion to build two new “leading-edge” chip factories in Ohio.

“The investment will help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers as part of the company’s IDM 2.0 strategy,” the company said in a statement.
Allen Zhong
Allen Zhong
senior writer
Allen Zhong is a long-time writer and reporter for The Epoch Times. He joined the Epoch Media Group in 2012. His main focus is on U.S. politics. Send him your story ideas: [email protected]
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