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Home > Technology > Intel to spend $20 billion on U.S. chip plants as CEO challenges Asia dominance

Intel to spend $20 billion on U.S. chip plants as CEO challenges Asia dominance

Published by linker 5

Posted on March 24, 2021

1 min read

Last updated: January 21, 2026

Intel CEO discussing $20 billion investment in U.S. chip manufacturing plants - Global Banking & Finance Review — This image depicts Intel's CEO announcing a $20 billion investment in new U.S. chip plants, aiming to challenge Asia's dominance in semiconductor manufacturing. This strategic move highlights the growing importance of domestic production in technology.