Intel to Disregard $7 Billion U.S. Dollars at US Semiconductor Manufacturing Plant

[Global Scientific Reporter Li Zongze] According to the US “Wall Street Journal” reported on February 9, local time on the 8th, the United States President Trump and Intel’s Chief Executive Kozi Qi jointly announced that Intel will spend 7 billion US dollars in Arizona Create a plan for a large factory.

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A White House official quoted Intel's news as describing the planned factory as "the world's most advanced semiconductor factory." Officials said the factory will employ 3,000 employees.

Some of the chips that the above-mentioned plant will produce will be used for Intel's emerging technologies, and the company is seeking to expand its emerging technology business as its personal computer business matures. These new areas include 5G Internet and drones.

The White House official stated that this will affect a range of industries from automobiles to healthcare.

It is not yet clear what role the Trump administration might play in promoting the opening of the plant. The official said that Intel executives are expected to emphasize the Trump administration’s taxation and regulatory reorganization agenda.

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