Intel Invests $20 Billion To Build Two Chipmaking Plants In Ohio

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The Street

By Martin Baccardax “Intel’s new facilities will be transformative for our state, creating thousands of good-paying jobs in Ohio manufacturing strategically vital semiconductors,” said Governor Mike DeWine. Intel (INTC) – Get Intel Corporation Report unveiled plans Friday to invest $20 billion into two chipmaking plants in Ohio that it hopes have have up-and-running within three years as it expands domestic production ahead of a meeting with White House officials. Intel, which detailed a similar investment in Arizona last March, said the Ohio investment will create 3,000 jobs — with another 7…

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