Intel to spend $3.5B upgrading New Mexico fab, boosting US chipmaking
By Lawce in Business
Updated 3 years ago
Intel plans to announce on Monday a $3.5 billion investment to upgrade a Rio Rancho, New Mexico, chip manufacturing plant. That spending, combined with $20 billion to build two new facilities in Arizona, is part of a major effort by the chipmaker to rejuvenate its manufacturing. Intel confirmed the $3.5...