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Intel’s $3.5B Investment To Create 700 Jobs In New Mexico

May 4, 2021

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Intel will invest $3.5 billion in its New Mexico operations and hire more than 700 new workers to create a domestic hub for advanced semiconductor manufacturing at its fabrication facility in Sandoval County. In what will be one of the largest capital investments in New Mexico, Intel plans to modernize the Rio Rancho facilities to accommodate its Foveros technology, a breakthrough innovation to meet increasing customer demand for stronger microprocessing performance.

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