HILLSBORO, Ore. -- Intel's (INTC) chief executive says the company will build a new $5 billion manufacturing facility in the Phoenix suburb of Chandler.CEO Paul Otellini made the announcement Friday at the company's plant in Hillsboro, Ore., after he gave a tour of the facility to President Barack Obama.
Intel to Build $5B Arizona Plant
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.