Intel Intel said it wil invest $6 billion to $8 billion on its new chip factories in a move that will create thousands of construction and engineering jobs.
The world’s biggest chip maker said it will create 6,000 to 8,000 construction jobs and 800 to 1,000 permenanent high-tech jobs at its manufacturing sites in Arizona and Oregon.
The money will create a new development fab (short for wafer fabrication plant), or a factory for building prototype chips, in Oregon as well as upgrades to four fabs that will manufacture chips with 22 nanometer process technology. That process technology can create circuits that are just 22 nanometers apart (a nanometer is a billionth of a meter). Chips that use this process will be faster, cost less, and have longer battery life.
To read the full, original article click on this link: Intel investing up to $8B in new U.S. factories, creating thousands of jobs | VentureBeat
Author: Dean Takahashi
