3 weeks ago
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Reuters
August 30, 20234:56 PM UTCUpdated ago
A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights
SAN JOSE, Aug 30 (Reuters) - Intel (INTC.O) will invest $1.2 billion in Costa Rica over the next two years, the company said in a press release on Wednesday.
The announcement comes after the U.S. State Department said in July that it would partner with Costa Rica's government to support the Costa Rican semiconductor sector through the 2022 Chips and Science Act.
Reporting by Alvaro Murillo; Writing by Brendan O'Boyle; Editing by Isabel Woodford
Our Standards: The Thomson Reuters Trust Principles.
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