Monday, May 3, 2021

Intel to invest $3.5B to upgrade its chipmaking plant in New Mexico that will result in 700 new jobs over 3 years as part of CEO Pat Gelsinger's turnaround plan (Stephen Shankland/CNET)

Stephen Shankland / CNET:
Intel to invest $3.5B to upgrade its chipmaking plant in New Mexico that will result in 700 new jobs over 3 years as part of CEO Pat Gelsinger's turnaround plan  —  Intel on Monday plans to announce a $3.5 billion upgrade to a chip manufacturing plant in Rio Rancho, New Mexico.



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TSMC says it will raise 2025 capital spending to $38B-$40B, an over 30% increase after three years of stagnation (Kathrin Hille/Financial Times)

Kathrin Hille / Financial Times : TSMC says it will raise 2025 capital spending to $38B-$40B, an over 30% increase after three years of s...