Intel’s $20 billion investment into Ohio chipmaking facility, plus chip shortage updates
Intel recently announced plans to invest $20 billion into a massive new semiconductor fabrication plant in Ohio. This announcement comes as Secretary of Commerce Gina Raimondo said the U.S. urgently needs to increase domestic chip manufacturing capacity. A recent Commerce Department survey revealed that the ongoing chip shortage was in dire straits late last year, with some manufacturers reporting they had less than…
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