Intel gives Trump credit for $7bn US factory it announced under Obama

This week Intel's CEO used a meeting with Donald Trump to announce it would invest $7bn in building a factory in Arizona, creating about 3,000 jobs. It seemed like a coup for Trump, who has pledged to bring manufacturing back to the US. In a media-attended Oval Office meeting, Intel's Brian Krzanich stood next to Trump and declared, with all the conviction of a hostage making a false confession, that the investment was a response to Trump's business-friendly policies. Thank you Brian Krzanich, CEO of @Intel. "It's in support of the tax and regulatory policies that we see the administration pushing forward that really make it advantageous to do manufacturing in the US," he said.