#Intels #Hillsboro #MegaLab #Falls #Victim #Budget #Cuts

Intel has officially abandoned its plans to build a mega lab in Hillsboro, Oregon. The Oregonian received a statement today saying that the $700M facility will not be built, but the R&D work planned for the center has already started in other venues across the state. Intel’s decision aims to reduce costs and increase efficiency and will contribute significantly to Intel’s $3B savings target for 2023.

Intel Hillsboro Mega Lab renders

(Image credit: Intel)

“We are looking to reduce costs and increase efficiencies through multiple initiatives,” wrote Intel spokesperson Penelope Bruce in a statement received by the Oregonian newspaper. “This includes exploring more cost-effective real estate options to continue our data center R&D work in Oregon that is already in progress.”

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ahmedaljanahy Creative Designer @al.janahy Founder of @inkhost I hope to stay passionate in what I doing

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