Intel shelves 0 million ‘mega lab' in Hillsboro as it cuts costs
Intel won't build a $700 million 'mega lab' it had planned in Hillsboro, pursuing cheaper options instead as it implements billions of dollars in c...
Intel won't build a $700 million 'mega lab' it had planned in Hillsboro, pursuing cheaper options instead as it implements billions of dollars in cost cuts amid declining revenue.'We are looking to reduce costs and increase efficiencies through multiple initiatives. This includes exploring more cost-effective real estate options to continue our data center R&D work in Oregon that is already in progress,' Intel spokesperson Penelope Bruce said in a written statement.Intel will still conduct the data center research it had planned for the Hillsboro facility, where construction was to begin this year.