In what might well be a bid to speed up the release of $8.5 billion in federal grants that Intel is slated to receive under the CHIPS Act, the chipmaker has now announced a new spending galore in the US to expand its manufacturing footprint, this time targeting Ohio. To wit, Intel has revealed that it is earmarking an investment of around $28 billion to construct two new “leading-edge” facilities in Ohio’s Licking County. This constitutes the single largest private-sector investment in Ohio so far. Of course, this development comes as the Department of Commerce reportedly declined to release federal […]
Read full article at https://wccftech.com/intel-plans-to-construct-two-new-leading-edge-facilities-in-ohio-at-a-cost-of-28-billion/
