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NEWS

Intel’s $3 Billion Factory Expansion Opens in Key Comeback Step

(Bloomburg, April 12) Intel Corp. announced the opening of a $3 billion extension to its D1X plant in Oregon, an investment aimed at speeding up technology development needed to regain leadership of the chip industry.

The biggest maker of computer processors reiterated its plan to have better production technology than rivals by 2025 and have its factories reach parity a year earlier than that.