Loading...
Market
Story
Intel to Invest $28 Billion in Ohio Chip Factories, $300 Million in Chengdu Facility
Oct 28, 2024, 03:13 AM
Intel will invest more than $28 billion to construct two new chip factories in Ohio, the company announced on Friday. This move is part of Intel's strategy to build out its contract manufacturing business and better compete with Taiwan Semiconductor. Additionally, Intel is expanding its assembly and testing site in Chengdu, Sichuan province, China. The expansion includes adding packaging services for server chips and building a customer solution center to enhance efficiency from local supply chains. The investment in the Chengdu facility amounts to $300 million. Intel CEO criticized the slow disbursement of $8.5B CHIPS Act funds amid looming losses.
View original story
Similar markets
Growth of 10% or more • 25%
Growth between 5% and 10% • 25%
Growth less than 5% • 25%
No growth or decline • 25%
Increase by more than 10% • 25%
Increase by 5%-10% • 25%
Increase by less than 5% • 25%
No increase or decrease • 25%
Increase by 5% or more • 25%
Increase by less than 5% • 25%
Decrease by less than 5% • 25%
Decrease by 5% or more • 25%
Above 10% • 25%
Between 5% and 10% • 25%
Between 0% and 5% • 25%
Negative growth • 25%
Below $50 billion • 25%
$50 billion to $60 billion • 25%
$60 billion to $70 billion • 25%
Above $70 billion • 25%
Above $20 billion • 25%
$15 billion to $20 billion • 25%
$10 billion to $15 billion • 25%
Below $10 billion • 25%
Less than $12.5 billion • 25%
$12.5 billion to $13 billion • 25%
$13 billion to $13.5 billion • 25%
More than $13.5 billion • 25%
Below $12 billion • 25%
$12 billion to $13 billion • 25%
$13 billion to $14 billion • 25%
Above $14 billion • 25%
Strengthened significantly • 25%
Slightly strengthened • 25%
Unchanged • 25%
Weakened • 25%
Revenue increases by more than 10% • 25%
Revenue increases by 5-10% • 25%
Revenue increases by less than 5% • 25%
Revenue decreases • 25%
Above 20% • 25%
Between 15% and 20% • 25%
Between 10% and 15% • 25%
Below 10% • 25%