Intel Lays The Groundbreaking For Two Chip Factories In Arizona

Earlier today, Intel laid the groundwork for two chip factories in Arizona that are expected to be fully operational by 2024. Fab 52 and Fab 62 The manufacturing facilities, called the so-called manufacturing facilities, will be built at the company’s Ocotillo campus in Chandler, Arizona, next to four existing factories.

Intel CEO Pat Gelsinger met with government officials to celebrate the project, which he said was the largest private investment in Arizona’s history. The $20 billion project will increase the company’s manufacturing capacity and to produce the world’s most advanced chips. It will house state-of-the-art EUV production lines.

Intel’s new facilities will create thousands of jobs:

Gelsinger believes this will help Intel regain its “undisputed leadership in process and packaging technology” and create thousands of new jobs by 2025. This includes technology in the region. high paid 3,000, including 3,000 jobs in construction and 15,000 jobs in other fields.

The new chip factories will enable Intel’s newly formed Intel Foundry Services (IFS) division to outsource for other companies for the first time in the company’s history. part of the revamped IDM 2.0 strategy.

Extra funding requested from Biden administration:

The company says it’s doing its part in helping to rebuild US leadership in the semiconductor space and develop a more balanced global supply chain for advanced chips. To this end, Randhir Thakur, IFS Chairman, said that the Biden administration is currently allotted in this direction. Increasing funding of $52 billion urged him to think.

Team Blue’s (Intel) new study puts off a great start. In July, Intel Foundry Services announced that its first high-profile customers were Qualcomm and Amazon. Last month, Intel signed up for the first phase of its Rapid Assured Microelectronics Prototypes – Commercial (RAMP-C) program to build systems with American-made chips. He also signed a contract with the Pentagon.

The new facilities will be able to produce thousands of wafers each week:

Two new plants in Arizona were the first to use the “RibbonFET” version of Gate-All-Around (GAA) transistors and PowerVia interconnects when they went into operation. It will produce chips using Intel’s 20A process. Gelsinger does not specify how much of the new capacity will be reserved for Intel Foundry Services customers, as it is too early to make an accurate estimate. However, he said the two factories will have the capacity to produce “thousands” of wafers each week.

Intel to build a new mega-factory in the US to better compete with TSMC and Samsung 60 to 120 billion dollars He pointed out earlier this year that he had a spending plan. Intel will also allocate $95 billion to build two chip plants in Europe. The company is currently negotiating with several officials to secure assistance from the EU’s Recovery and Resilience Fund.