Technology

In bid to move supply chain to US, Intel to build chip plant in Ohio

In bid to move supply chain to US, Intel to build chip plant in Ohio

Chip maker Intel has announced that it will invest more than $20 billion in two new chip factories in Ohio, making the state the company's first new manufacturing location in 40 years. The announcement came amidst the global chip shortage exacerbated by the COVID-19 pandemic. Intel's investment will significantly expand U.S. semiconductor manufacturing capabilities. Much of the international tech industry currently relies on chip manufacturing in Asia.

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