Intel breaks ground on US$20bn plants in chip turnaroundReutersIntel Corp on Friday broke ground on two new factories in Arizona as part of its turnaround plan to become a major manufacturer of chips for outside customers. The US$20 billion plants — dubbed Fab 52 and Fab 62 — would bring the total number of Intel factories at its campus in Chandler, Arizona, to six. Photo: ReutersThe new Arizona plants would also be the first Intel has built from the ground up with space reserved for outside customers. Intel rival TSMC has also purchased land to build its first US campus in Phoenix, not far from Intel’s location, where TSMC plans up to six chip factories. Gelsinger said that Intel plans to announce another US campus site before the end of the year that would eventually hold eight chip factories.

Source: Taipei Times September 26, 2021 15:56 UTC