Intel To Invest $8B In Chip-Making Technology, US Manufacturing

SANTA CLARA (AP) – Intel Corp. will spend $6 billion to $8 billion on new chip manufacturing technology in its U.S. factories and will build a new development plant in Oregon.

Santa Clara-based Intel said Tuesday the investment will create between 6,000 and 8,000 construction jobs and 800 to 1,000 permanent high-tech jobs across its U.S. operations in Oregon and Arizona.

It also helps the company keep its current base of factory workers at its U.S. sites in these states.

Intel said its new Oregon facility is scheduled to start up in 2013.

Intel is the world’s largest maker of microprocessors, the “brains” of computers. The company said three-fourths of its microprocessor manufacturing happens in the U.S.

Comments

More From CBS San Francisco

Music's Biggest Night
Your Bay Area Guide To Valentine's Day

Listen Live