A smartphone with a displayed Intel emblem is positioned on a pc motherboard on this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights
SAN JOSE, Aug 30 (Reuters) – Intel (INTC.O) will make investments $1.2 billion in Costa Rica over the subsequent two years, the corporate mentioned in a press launch on Wednesday.
The announcement comes after the U.S. State Division mentioned in July that it will associate with Costa Rica’s authorities to assist the Costa Rican semiconductor sector by way of the 2022 Chips and Science Act.
Reporting by Alvaro Murillo; Writing by Brendan O’Boyle; Modifying by Isabel Woodford
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