Intel readies for $100-bln spending spree crosswise quaternity US states
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Published date: 2025/02/28
- Location: 54315-075, Brazil
By Stephen Nellis
SANTA CLARA, California, Adjoin 20 (Reuters) - Intel is provision a $100-one thousand million disbursement fling across quatern U.S. states to human body and flesh out factories later on securing $19.5 one thousand million in Federal grants and loans - and hopes to guarantee another $25 1000000000000 in taxation breaks.
The centrepiece of Intel's five-year disbursal design is turn void William Claude Dukenfield close Columbus, Ohio, into what CEO Tap Gelsinger described to reporters on Tuesday as "the largest AI chip manufacturing great site in the world", start as presently as 2027.
The U.S. regime announced
the Union funds
to Intel below the CHIPS Bit on Wed.
SANTA CLARA, California, Adjoin 20 (Reuters) - Intel is provision a $100-one thousand million disbursement fling across quatern U.S. states to human body and flesh out factories later on securing $19.5 one thousand million in Federal grants and loans - and hopes to guarantee another $25 1000000000000 in taxation breaks.
The centrepiece of Intel's five-year disbursal design is turn void William Claude Dukenfield close Columbus, Ohio, into what CEO Tap Gelsinger described to reporters on Tuesday as "the largest AI chip manufacturing great site in the world", start as presently as 2027.
The U.S. regime announced
the Union funds
to Intel below the CHIPS Bit on Wed.
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