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May 4, 2021

Intel to invest $3.5B in New Mexico plant

  • The project will result in 700 jobs, in addition to 1,000 construction jobs and an estimated 3,500 related jobs in the surrounding community.
    • By SUSAN MONTOYA BRYAN
    Associated Press

    RIO RANCHO, N.M. — Intel will be investing $3.5 billion in its New Mexico plant to manufacture what executives said Monday will fuel “a new era of innovation” and advanced computing as demands increase for the microchips used in nearly all modern devices.

    Intel executives were joined by Gov. Michelle Lujan Grisham and other politicians at the plant in the Albuquerque suburb of Rio Rancho as they shared details of Intel's global strategy as it looks to reclaim the top spot in the semiconductor sector.


     
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