Intel (NASDAQ:INTC) has scheduled the building of a new research and development facility in Chandler.

Intel To Build New R&D Facility

Intel (NASDAQ:INTC) announced that it is planning a $300 million research and development facility at its Chandler campus.

According to company officials, the facility will create several hundreds of jobs.

Babak Sabi, Intel (NASDAQ:INTC)’s vice president and director of assembly and test technology development, said that, “The innovation set to take place within the walls of this new research center will influence technology trends for years to come, and Intel (NASDAQ:INTC) is delighted to bring that distinction to the community of Chandler and the state of Arizona”.

Intel Corp. (NASDAQ:INTC) shares are currently standing at 26.48.

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