Friday, 24 March, 2023

Intel to build $20B worth fabrication plant in Ohio

<p>Intel announced an investment of $20B in a new manufacturing plant near Columbus, Ohio, according to sources. The facility is spread across 1K acres and will provide 3K permanent jobs. Time Magazine reported that Intel will build at least two such fabrication plants. This investment is the stepping stone for an eight-factory complex costing tens of billions of dollars. Intel&#39;s Chief Executive Pat Gelsinger is driving expansion plans in Europe and The US.</p>