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Intel to invest $20 billion to build manufacturing plants in Ohio

Published 01/21/2022, 05:05 AM
Updated 01/21/2022, 05:10 AM
© Reuters. FILE PHOTO: An Intel Corporation logo is seen on a sticker on a laptop for sale in Queens, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly/File Photo

(Reuters) - Intel Corp (NASDAQ:INTC) said on Friday it would invest $20 billion to build two new plants in Ohio that would develop and manufacture advanced semiconductor chips, as it races to catch up with rivals in other parts of the world.

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At least Intel didn’t sell out everything to Asia, like all of the rest did. People are sick of greedy CEO’s pulling in $500-$14,000/hr, while outsourcing our jobs and underpaying US employees.
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