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Intel to invest $7 billion at U.S. manufacturing facilities, supporting 7,000 jobs

Can you believe it? The words 'invest,' 'manufacturing,' 'jobs,' and 'U.S.' in the same sentence.

No, it's not a joke. Intel (NASDAQ: INTC) announced Tuesday it will invest $7 billion over the next two years to build advanced manufacturing facilities in the United States, supporting about 7,000 jobs.

Intel said the investment will fund the build-out and deployment of the company's 32 nanometer (nm) manufacturing technology, which will be used to build faster, smaller chips that are also more energy-efficient.

Continue reading Intel to invest $7 billion at U.S. manufacturing facilities, supporting 7,000 jobs

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Last updated: May 27, 2012: 05:25 AM

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