Intel to Invest $3.5 Billion in New Mexico to Boost US Chipmaking | $20 Billion Invested in Two New Arizona Fabs

URLhttps://www.techtimes.com/articles/264991/20210903
Sourcehttps://www.techtimes.com
Date Published09/03/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Intel
Parent companyIntel
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):1700
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):3,500,000,000
City reshored to:Rio Rancho
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredUS chipmaking
What non-domestic negative factors made offshoring less attractive?Green considerations
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