Intel acknowledged its plans for a mammoth investment in its Oregon research factories Wednesday, describing “a multibillion-dollar expansion and modernization of our facilities” aimed at restoring the company’s manufacturing lead.
The Oregonian/OregonLive reported last week that Intel had quietly filed plans for such an expansion with state regulators in July. Intel didn’t respond to a request for comment at the time or explain why it is planning to expand and upgrade its Oregon factories now.
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