Intel to Invest More than $5 Billion to Build New Factory in Arizona
NEWS HIGHLIGHTS
* Intel is building a new $5 billion-plus factory in Arizona.
* Fab 42 will be the most advanced, high-volume semiconductor manufacturing facility in the world.
* New fab will create thousands of construction and permanent manufacturing jobs at Intel's Arizona site.
CHANDLER, Ariz., Feb. 18, 2011 – Intel Corporation today announced plans to invest more than $5 billion to build a new chip manufacturing facility at its site in Chandler, Ariz. The announcement was made by Intel President and CEO Paul Otellini during a visit by President Barack Obama at an Intel facility in Hillsboro, Ore.
The new Arizona factory, designated Fab 42, will be the most advanced, high-volume semiconductor manufacturing facility in the world. Construction of the new fab is expected to begin in the middle of this year and is expected to be completed in 2013.
"The investment positions our manufacturing network for future growth," said Brian Krzanich, senior vice president and general manager, Manufacturing and Supply Chain. "This fab will begin operations on a process that will allow us to create transistors with a minimum feature size of 14 nanometers. For Intel, manufacturing serves as the underpinning for our business and allows us to provide customers and consumers with leading-edge products in high volume. The unmatched scope and scale of our investments in manufacturing help Intel maintain industry leadership and drives innovation."
While more than three-fourths of Intel's sales come from outside of the United States, Intel manufactures three-fourths of its microprocessors in the United States. The addition of this new fab will increase the company's American manufacturing capability significantly.
Building the new fab on the leading-edge 14-nanometer process enables Intel to manufacture more powerful and efficient computer chips. The nanometer specification refers to the minimum dimensions of transistor technology. A nanometer is one-billionth of a meter or the size one ninety-thousandth the width of an average human hair.
"The products based on these leading-edge chips will give consumers unprecedented levels of performance and power efficiency across a range of computing devices from high-end servers to ultra-sleek portable devices," said Krzanich.
Fab 42 will be built as a 300mm factory, which refers to the size of the wafers that contain the computer chips. The project will create thousands of construction and permanent manufacturing jobs at Intel's Arizona site.
About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world's computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.
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Increase in processor speeds will come to a halt at 8nm when heisenberg uncertainty principle kicks in. Then we will be stuck with the same speeds for a long long time. Unless we somehow manage to create room temp superconductor or a quantum computer we are stuck.
ReplyDeleteIntel, please spend $ 100 Million on MeeGo.
ReplyDeleteConsidering their record profits, you would think they could spare a dime.
ReplyDeleteI want to apply or a job but I also want to move out of AZ. hmmm
ReplyDeleteSpeaking as someone who lives hundreds of feet from the current Intel plant in Chandler, I'm pretty damn excited.
ReplyDeleteWhy do they continue to do this in the desert, where we are already in a water crisis?!
ReplyDeleteArizona is a great state, just like the other 49, and to say it is full of racists is pathetic
ReplyDeleteA lot of people here seem to think that intel is CHOOSING to keep jobs in america. That is simply not true, the Feds wont allow intel to manufacture these chips in China as they are afraid the Chinese will get a hold of the underlying technology and use the chips in their military industrial complex. So nothing altruistic about intel here.
ReplyDeleteBusiness is Business for companies and rent is obviously cheap in Arizona.
ReplyDeletecheaper than New Mexico? Utah? Where it has the highest per capita population of tech degrees? Nevada? Where the real estate market went to shit and there's no state income tax?
ReplyDeleteSeems like there are some White Hoodies in Intel's ranks. Such a shame.