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Intel invests $3.5B in New Mexico plant modernization · Endata

◂ Announcements

May 3, 2021INVESTMENTRio Rancho, New Mexico, United States

Intel invests $3.5B in New Mexico plant modernization

Intel announced a $3.5 billion investment to modernize its Rio Rancho, New Mexico plant to produce advanced packaging systems for stacking microchip tiles.

Value

$3.50B

Status

Announced

Productsadvanced microchip packaging

CompaniesIntel

Sectors#Semiconductors and Industrial Electronics

“Intel Senior Vice President for Manufacturing and Operations Keyvan Esfarjani announces the company's plans to invest $3.5 billion in its New Mexico operations.”apnews.com

2 sources
apnews.comIntel: $3.5B investment is critical to microchip future | AP NewsSusan Montoya BryanMay 3, 2021
santafenewmexican.comIntel plans to invest $3.5 billion to modernize New Mexico plant | Local News | santafenewmexican.comTeya Vitu Business EditorMay 4, 2021

Summarized from public sources; check the original articles before acting on it.

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