Salem Radio Network News Wednesday, August 4, 2021


Intel raises to $600 million planned Costa Rica chip plant investment

SAN JOSE (Reuters) – Intel Costa Rica said on Wednesday that it almost doubled a proposed investment in a micro chip plant in the Central American country to $600 million, and aims to triple the number of new jobs created over the coming months.

High demand for chips led the United States-based technology giant to increase the investment from the $350 million initially announced in December, it said in a statement.

(Reporting by Alvaro Murillo in San Jose; Writing by Stefanie Eschenbacher; Editing by Frank Jack Daniel)


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