Intel to spend $7 billion on U.S. plants

Over the next two years, Intel plans to invest in 32nm manufacturing plants at a cost of $7 billion. The current plan is to upgrade facilities in Oregon, Arizona and New Mexico, and the company estimates that they’ll be able to create 7,000 new jobs. Intel’s 32nm production focuses on Westmere in 2009, with more chips to follow in 2010.

Via ZDNet Blogs.