14 DAY TRIAL // Not long ago, Intel revealed that it would be building a new chip facility in Arizona, and it seems that all the new, permanent jobs this will create, among other things, was enough to get US President Barack Obama visiting.
The chip industry is always moving forward and, now that the worst of the economic recession is past, companies can again think of expanding their existing outlets.
One thing that Intel intends to do in order to meet the future prepared is to build a new facility in Arizona.
That will entail an investment of about $5 billion and will lead to many new, permanent jobs, adding to the over 15,000 people that already work in Oregon.
That said, President Obama visited the Oregon site and toured the Fab D1D at the company’s Ronler Acres campus (one of the multiple wafer Fabs under Intel's ownership).
While the President was there, Intel's CEO made some revelations, such as the aforementioned Fab building plans and the intent to hire 4,000 new US employees by the end of the year (2011).
“It is a great honor to host President Obama. Our country and this company have been built on innovation, and manufacturing has been at the heart of America’s economy for over a century,” said Intel President and CEO Paul Otellini.
“We share the President’s belief that with a culture of innovation we can and will retain a vibrant economy based on industries of the future.”
“This new factory will play a central role in extending Intel’s unquestioned leadership in semiconductor manufacturing,” the CEO added.
“The transistors and chips it will produce will be the most dynamic platform for innovation that our company has ever created. Together they will enable more capable computers, the most advanced consumer electronics and mobile devices, the brains inside the next generation of robotics, and thousands of other applications that have yet to be invented.”