BY DON CLARK AND JOEL MILLMAN
HILLSBORO, Ore.—Intel Corp. used President Obama's visit to disclose plans to build a $5 billion chip factory in Arizona and hire 4,000 workers, moves that dovetail with the administration's job-creation agenda.
The move, made by Intel Chief Executive Paul Otellini as the president toured Intel's operations in Oregon, is the latest in a series of steps by the Silicon Valley giant to boost manufacturing capacity and use new production processes to boost chip performance.
President Obama's trip west to meet with high-tech leaders comes amid a looming budget fight in Washington and corporate opposition to some of the president's policies.
via online.wsj.com
