Intel wants to invest up to 100 billion in new chip production in the USA – IT business

In the midst of the chip crisis, Intel wants to expand its production capacities by building a huge plant in the US state of Ohio. The largest US chip company announced on Friday that up to 100 billion dollars (a good 88 billion euros) would be invested. The announcement is part of Intel CEO Pat Gelsinger’s efforts to regain former dominance and reduce the US’ dependence on Asian manufacturers like TSMC and Samsung.