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Intel (NASD: INTC) Targets Investment in Brazil

Chipmaker Intel (NASD: INTC) has announced plans to invest $152 million in Brazil over the next five years in research and development, the chip manufacturer said on Wednesday.The investment in Brazil is a strategic initiative for the Brazilian government, which has announced lofty plans aimed at increasing the country’s software output. The investment will be twofold, targeting both increased headcount and resources internally, while also partnering with academic institutions in Brazil to fund... 
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