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0.000710277718588129 -0.00262802755877531 -0.00078130549044666 -0.00788408267632634 -0.00923361034164346 -0.0159812486682293 -0.0140634988280417 -0.014135236877619
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Intel To Build Mega-Site In Ohio [Forbes]

Applied Materials, Inc. (AMAT) 
Last applied materials, inc. earnings: 2/12 04:01 pm Check Earnings Report
Company Research Source: Forbes
Rendering of the new Intel facility in OhioAreal rendering of the new Intel facility in OhioLast March, Intel announced IDM 2.0, a plan to increase manufacturing for Intel products and to provide dedicated capacity for foundry services. When elaborating on the plan, Intel CEO Pat Gelsinger indicated that the company was considering sites all over the United States, and he wasn’t joking. Today, Intel announced plans to build two new fabs on a 1,000-acre site just outside of Columbus, Ohio. In addition, the company plans to invest upwards of $100 million into partnerships with educational institutions.The announcement is a bit of a shock as semiconductor manufacturing has slowly dwindled to a handful of locations around the U.S. Even Intel has slowly consolidated investments over the past two decades with the bulk of the investment in manufacturing sites in Arizona and Oregon, as well as upgrades to a facility in New Mexico.There is always excitement when a major semiconductor company a Show less Read more
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