# 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.

- Type: Expansion
- Announced: 2021-03-23
- Where: Chandler, Arizona, United States
- Value: $20.0B
- Jobs: 3,000
- Status: announced
- Products: semiconductors, microprocessors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Intel](https://endata.com/companies/21062.md)

## Sources

- [intc.com](https://www.intc.com/news-events/press-releases/detail/1452/intel-announces-major-expansion-in-arizona?_sp=c5bd2d0b-b002-447f-a9f5-4ef5cd178d0c), 2021-03-23: "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."
- [reuters.com](https://www.reuters.com/world/asia-pacific/intel-doubles-down-chip-manufacturing-plans-20-billion-new-arizona-sites-2021-03-23/), 2021-03-23: "Intel is proud to, once again, expand our manufacturing capabilities in Arizona by constructing two new fabs at our Ocotillo campus."
- [chandleraz.gov](https://www.chandleraz.gov/news-center/intel-announces-historic-expansion-semiconductor-manufacturing-operations-chandler), 2021-03-23: "Intel is proud to, once again, expand our manufacturing capabilities in Arizona by constructing two new fabs at our Ocotillo campus."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.