Intel is investing 7 billion dollars in Malaysia

US technology company Intel is set to invest 7 billion in Malaysia. According to the international news agency Reuters, Intel has spent the money to set up a new assembly and test center in Malaysia.

Pat Gelsinger, Intel’s chief executive, made the announcement on Thursday. According to the new plan, the state-of-the-art packaging center will start production from 2024.

It is mentioned in the news that more than 4,000 jobs will be created in Malaysia from this. Similarly, the Malaysian government has stated that more than 5,000 jobs will be created for the construction of the building.