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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Intel to Build $20B Ohio Chip Facility

Intel's logo is pictured during preparations at the CeBit computer fair at the fairground in Hanover, Germany, March 19, 2017. REUTERS/Fabian Bimmer

Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in everything from phones and cars to video games.

After years of heavy reliance on Asia for the production of computer chips, vulnerability to shortages of the crucial components was exposed in the US and Europe as they began to emerge economically from the pandemic.

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