Exxon investing $100 million in facility to produce cleaning alcohol for chip industry
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HOUSTON : Exxon Mobil said on Wednesday it will spend $100 million to upgrade its Baton Rouge, Louisiana, chemical plant to produce a highly pure form of isopropyl alcohol that is used in the tech industry to clean and process microchips. The move comes as the development of advanced artificial intelligence is spurring a boom in the chip industry, with companies building data centers that house huge troves of specialized chips and tech giants developing in-house chips to train AI systems. The
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