Intel to Invest $7B in Factory in Arizona
President Trump with Intel CEO Brian Krzanich
On Wednesday February 8, 2017, Intel CEO Brian Krzanich met with President Trump in Krzanich's announcement to invest $7 billion in a factory in Arizona, which is to employ around 3000 people. The factory will be in Chandler, Arizona and 10,000 people are there to support it. Krzanich confirmed to CNBC that the investment made over the next 3 to 4 years will be to complete a previous plant 42, that was started and then left vacated. Krzanich stated the 7 nanometer chips will be produced there and stated these are some of the largest and most powerful chips in the world they will be producing. Click on the above link from CNBC.com to read the latest on this news story.