Wednesday February 08, 2017

Intel to Invest $7Billion in Arizona Fab

Just watching the news here and Intel just announced a new $7B fab investment in Arizona creating 3,000 jobs. This is not exactly a new plan, but rather one that was pulled back on a while back. But it is now a go!

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WASHINGTON, D.C., Feb. 8, 2017 آ– Intel Corporation today announced plans to invest more than $7 billion to complete Fab 42, which is expected to be the most advanced semiconductor factory in the world. The high-volume factory is in Chandler, Ariz., and is targeted to use the 7 nanometer (nm) manufacturing process. It will produce microprocessors to power data centers and hundreds of millions of smart and connected devices worldwide. The announcement was made by U.S. President Donald Trump and Intel CEO Brian Krzanich at the White House.