computing technology

While technology manufacturers are cutting back on investments, computer chipmaker Intel is doing the opposite. The company said it will invest $7 billion over the next two years on three factory upgrades in the United States.

Intel said the investment is its largest on new manufacturing and represents 7,000 high-wage jobs. The Santa Clara, Calif.-based company plans to upgrade existing facilities in Arizona, New Mexico and Oregon to manufacture its 32-nanometer products.