Intel plans $3 billion wafer plant in Arizona

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Intel said on Monday it plans to build an advanced, $3 billion semiconductor production plant in Arizona that will begin operation with in two years.

In a statement, the company said it planned to construct a new 300-millimeter (12") silicon wafer fabrication facility, to be known as "Fab 32," which will be located at its existing manufacturing site in Chandler, Arizona.

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Wolfgang Gruener
Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.