The news comes as an analyst informs that China, which has invested heavily in semiconductor technology in recent years, is"three or four generations" away from being at the cutting edge of semiconductor production.Intel's new investment will go towards building two new semiconductor manufacturing plants, bringing 3,000 new permanent jobs to the 1,000-acre site in Albany, Ohio.
in funding to massively boost chip production in the U.S., China is also aiming to become a global leader in semiconductor production. I still believe that [China is] probably three or four generations behind what is considered leading-edge.
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