Tag Archives: Intel to invest $20 billion in new US chipmaking plants as part of turnaround plan

Intel to invest $20 billion in new US chip making plants as part of turnaround plan

Pat Gelsinger, the CEO of Intel, has only been on the job for about a month. However, the semiconductor behemoth has been in desperate need of a daring, new strategy for some time, Gelsinger stated on Tuesday. Intel (INTC) announced several major initiatives, including a $20 billion investment in two new US chipmaking facilities, aimed […]