Friday, 24 March, 2023

Intel starts construction of $20B Arizona plant to boost chip production

<p>Intel has started construction on two new factories in the US, as part of its plan to become a major chip manufacturer. The plants, dubbed Fab 52 and Fab 62, will cost $20B and will house Intel&#39;s most advanced chip-making technology. With the new plants, Intel plans to take up orders for outside customers, including Qualcomm, and deepen its relationship with the US Military, as well as compete with rival Taiwan Semiconductor Manufacturing.</p>