Intel to invest $3.5B in New Mexico fab upgrade, boosting US chipmaking
Intel investing $3.5B in New Mexico fab upgrade, boosting US chipmaking CNET 5/3/2021 Stephen Shankland © Provided by CNET Intel plans to spend $3.5 billion upgrading its chipmaking plant in Rio Rancho, New Mexico. Intel Intel on Monday announced a $3.5 billion upgrade to a chip manufacturing plant in Rio Rancho, New Mexico, that will boost a processor stacking technology called Foveros. That spending, combined with $20 billion to build two new facilities in Arizona, is part of a major effort by Intel to rejuvenate its manufacturing. The chipmaker on Sunday confirmed the...