"Tax and Regulatory Policies" Influence Intel to Build Arizona Chip Plant
(p. B1) SAN FRANCISCO -- Intel, the world's largest computer chip manufacturer, will invest $7 billion to finish a factory in Arizona, adding 3,000 jobs, the company's chief executive said on Wednesday after meeting with President Trump at the White House.
The completion of the factory, which will complement two other Intel semiconductor plants in Chandler, Ariz., had been under consideration for several years.
Standing beside Mr. Trump in the Oval Office, Brian Krzanich, Intel's chief executive, said the company had decided to proceed now because of "the tax and regulatory policies we see the administration pushing forward."
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(Note: the online version of the story has the date FEB. 8, 2017, and has the title "Intel, in Show of Support for Trump, Announces Factory in Arizona.")