The company is investing $8bn in a new FAB based in Oregon to build 22nm processors. The news of good for the north west, since the FAB plant will provide around 7,000 construction jobs to build and create another 1,000 or so permanent staff.
"Today's announcement reflects the next tranche of the continued advancement of Moore's Law and a further commitment to invest in the future of Intel and America," said Intel president Paul Otellini.
"The most immediate impact of our multi-billion-dollar investment will be the thousands of jobs associated with building a new FAB and upgrading four others, and the high-wage, high-tech manufacturing jobs that follow."
Sleuth is a teeny bit cynical about the proposed benefits but those are more than outweighed by the prospect of a company actually still building manufacturing facilities for advanced chips within the continental US. Intel has shown a propensity (along with every other US company it seems) to offshore manufacturing.
In the past this has led to some dodgy decisions. One of Intel's FABs in Israel for example is built on disputed land - or at least land that would be disputed if the Palestinians had any effective way of fighting their case.
A UK journalist of note was warned off exploring this avenue of research on a recent visit to the country; a warning he ignored. Sleuth wonders if this latest decision to invest in the US has something to do with continued Middle East conflict and the fading prospects for peace in that troubled land.
NASA's Voyager 2 probe set to reveal secrets of space beyond the heliosphere as it goes interstellar
The probe is now more than 18 billion kilometres from Earth, with equipment enabling it to reveal some of the secrets of interstellar space
Four glaciers located west of massive Totten glacier have lost almost three metres of ice in height since 2008
Ceres, located in the asteroid belt, has a carbonaceous-rich upper crust, SwRI study claims
The spacecraft found traces of hydrogen and oxygen molecules, known as hydroxyls, embedded in the rocky surface of the asteroid