Intel (INTC), 3DGS Announce $3.3B Semiconductor Facility in Odisha

7 hours ago 2

Maham Fatima

Mon, June 1, 2026 astatine 6:22 AM CDT 1 min read

Intel Corporation (NASDAQ:INTC) is 1 of the best aboriginal tech stocks to bargain according to billionaires. On May 29, Reuters reported that Intel and 3DGS Inc. announced a $3.3 cardinal associated concern to found a semiconductor substrate manufacturing installation successful the Indian authorities of Odisha. The project, slated for the Bhubaneswar-Khurda region, is projected to unfold implicit the adjacent 5 to six years.

This installation volition specialize successful the accumulation of precocious packaging solid halfway substrates, high-density interconnect substrates, and assorted associated semiconductor technologies. As the cardinal basal worldly utilized for attaching elements of a semiconductor device, these substrates are captious components successful the manufacturing process.

The inaugural is expected to make implicit 1,800 nonstop high-skilled occupation opportunities. This improvement aligns with the Indian government’s broader strategy to incentivize semiconductor manufacturing done important subsidies, supporting Prime Minister Narendra Modi’s extremity to summation home merchandise manufacturing.

 The Best Debt-Free S&P 500 Stock to Buy Now

NVIDIA (NVDA): The Best Debt-Free S&P 500 Stock to Buy Now

Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing astatine Fab. Semiconductor Packaging Process.

Intel Corporation (NASDAQ:INTC) is simply a semiconductor institution specializing successful computing & related extremity products and services done its CCG, DCAI, and Intel Foundry segments.

While we admit the imaginable of INTC arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article