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Intel abandons Oregon trail
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Intel abandons Oregon trail
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24th January 2023, 11:34
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,797
 |  Intel abandons Oregon trail $700 million facility will not be built Intel has officially abandoned its plans to build a mega lab in Hillsboro, Oregon. The Oregonian received a statement today saying that the $700M facility will not be built. The Oregonian said that R&D work planned for the centre has already started in other venues across the state. Intel's decision aims to reduce costs and increase efficiency and will contribute significantly to Intel's $3 billion savings target for 2023. Intel spokesperson Penelope Bruce said that the outfit was looking at more cost-effective real estate options to continue its data centre R&D work in Oregon that is already in progress. This major business decision from Intel comes hot on the heels of the reported cancellation of its IDC21 R&D centre in Israel. https://fudzilla.com/news/56193-inte...s-oregon-trail |
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