Intel’s newest factory, Fab 42, became fully operational in 2020 on the company’s Ocotillo campus in Chandler, Arizona. Fab 42 produces microprocessors using the company’s 10nm manufacturing processes. In March 2021, Intel announced a $20 billion investment to build out two new factories (or “fabs”) on the Ocotillo campus. The company expects to begin planning and construction activities this year. (Credit: Intel Corporation)
With its IDM 2.0 strategy, Intel is committed to investing in manufacturing capacity to support the surging global demand for semiconductors. The company recently announced plans to build two new leading-edge chip fabs at its Ocotillo campus in Chandler, Ariz. The new factories will support expanding requirements of Intel’s products and provide committed capacity for foundry customers.
On Friday, Sept. 24, Intel CEO Pat Gelsinger will be joined by government and community leaders for a groundbreaking ceremony to celebrate the largest private-sector investment in Arizona history: a $20 billion project that will bolster U.S. semiconductor leadership and help bring geographical balance to the global supply chain.
When: 9 a.m. PDT, Friday, Sept. 24.
Where: Watch live on the Intel Newsroom.
Event Replay: A video replay will be available on the Intel Newsroom following the webcast.
Updates: To receive updates on the news, visit the Intel Newsroom and follow along on Twitter with @IntelNews.