Intel invests $20 billion in two new fabs in Chandler, Arizona

Intel announced a $20 billion investment to build two new semiconductor factories (fabs) at its Ocotillo campus in Chandler, Arizona, with planning and construction expected to begin in 2021.

“Intel CEO Pat Gelsinger today announced expansion of the company’s semiconductor manufacturing capacity, beginning with plans for two new factories (or “fabs”) at the company’s Ocotillo campus in Chandler.”intc.com

• 3 sources
• intc.comIntel Announces Major Expansion in Arizona :: Intel Corporation (INTC)Mar 23, 2021
• reuters.comIntel to spend $20 billion on U.S. chip plants as CEO challenges Asia dominance | ReutersStephen NellisMar 23, 2021
• chandleraz.govIntel announces historic expansion of semiconductor manufacturing operations in Chandler | City of ChandlerMar 23, 2021

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