Intel To Invest $1 Billion In A New Chips Factory In Ohio, reports

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The Street

By Veronika Bondarenko While Intel has not yet confirmed the news, Ohio residents reported a 3,000-acre plot being set up for a large semiconductor factory. While large-scale semiconductor factories usually bring up thoughts of the kind of innovation happening in Japan and Taiwan, Ohio residents may soon see millions of semiconductors being made in their own state. While official plans have not yet been confirmed by the company or federal authorities, several Ohio newspapers reported that the Santa Clara, Calif.-based Intel (INTC) – Get Intel Corporation Report, which forecasts a doubling of t…

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