Intel broke ground on two new fabs (52 and 62) at the company’s Ocotillo campus in Chandler, Arizona. When fully operational in 2024, the new fabs will manufacture Intel’s most advanced process technologies, including Intel 20A featuring the new RibbonFET and PowerVia innovations. The capacity is expected to be used for Intel's own products as well as for customers of the newly formed Intel Foundry Services.
“Today’s celebration marks an important milestone as we work to boost capacity and meet the incredible demand for semiconductors: the foundational technology for the digitization of everything. We are ushering in a new era of innovation – for Intel, for Arizona and for the world. This $20 billion expansion will bring our total investment in Arizona to more than $50 billion since opening the site over 40 years ago. As the only U.S.-based leading-edge chipmaker, we are committed to building on this long-term investment and helping the United States regain semiconductor leadership,” stated Pat Gelsinger, Intel CEO.
