Intel to hold groundbreaking ceremony for new fabs on September 24

With its IDM 2.0 strategy, Intel is committed to investing in manufacturing capacity to support the surging global demand for semiconductors. The company recently announced plans to build two new leading-edge chip fabs at its Ocotillo campus in Chandler, Ariz. The new factories will support expanding requirements of Intel’s products and provide committed capacity for foundry customers.

On Friday, Sept. 24, Intel CEO Pat Gelsinger will be joined by government and community leaders for a groundbreaking ceremony to celebrate the largest private-sector investment in Arizona history: a $20 billion project that will bolster U.S. semiconductor leadership and help bring geographical balance to the global supply chain.
CT Bureau