Intel increased the investment to $28B from $20B for the first phase of its New Albany semiconductor manufacturing complex. Here's why: Intel updated its projections as the federal government announced $19.5 billion in Chips Act grants and loans for Intel across four states. Meanwhile, the company is sharing new construction photos from the New Albany site. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

March 20, 2024

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Intel ups its planned New Albany investment as federal dollars flow Intel updated its projections as the federal government announced $19.5 billion in Chips Act grants and loans for Intel across four states. Meanwhile, the company is sharing new construction photos from the New Albany site. Read Full Article

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