Report details how Intel contributed $400 million to New Mexico's GDP in 2019

Just weeks after doubling down on its vertically integrated model, chipmaker Intel Corp. has released an economic impact report showing it directly contributed $25.9 billion to the U.S. GDP.

In New Mexico, the report indicates that the company contributed $243 million in direct compensation and directly contributed $400 million in state GDP in 2019, the year the report tracks. The report states Intel employs 1,200 people directly — the bulk at its Rio Rancho facility, and has a boarder impact…

Source: The Business Journal