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

Technology
Friday, 21 Jan 2022
6:11 PM MYT

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FILE PHOTO: An Intel Corporation logo is seen on a sticker on a laptop for sale in Queens, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly/File Photo

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