Intel also said on Tuesday that it will begin to act as a 'foundry,' or a manufacturing partner, for other chip companies.
Intel announced on Tuesday that it will spend $20 billion to build two major factories in Arizona.
The announcement, coinciding with new CEO Pat Gelsinger's first public remarks since taking over the job, signals that Intel will continue to focus on manufacturing during industry shifts that have led competitors to increasingly separate chip design and chip fabrication. Intel's commitment to manufacturing has national security implications. Intel said it is entering into a partnership withto improve chip logic and packaging technologies, which will "enhance the competitiveness of the U.S. semiconductor industry and support key U.S. government initiatives."
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