IBM’s chip plant to get $1 billion investment

A semiconductor plant producing precious IBM chips is set for business expansion. This chip plant is located in East Fishkill in New York, USA. IBM or the International Business Machines Corporation has spoke of its plans of investing $1 billion over the next three years. This is for the expansion of the said chip plant. IBM aims to maintain its mission to live for the chip-making business. The billions-worth of investment will be divided among the three projects related to chip nanotechnologies.