Intel to Spend $7 Billion on Arizona Fab

Analysts speculate Fab 42 for EUV installation

Junko Yoshida, EETimes, Feb. 08, 2017 – MADISON, Wis. - Intel Corp. Chief Executive Officer Brian Krzanich went to Washington Wednesday and stood beside President Donald Trump in the Oval Office to announce the company's $7 billion investment in a semiconductor fab, known as Fab 42, in Arizona.

Fab 42 had stood vacant and unequipped in Chandler, Ariz. since the shell was completed at the end of 2013. 

 "The completion of Fab 42 in three to four years will directly create approximately 3,000 high-tech, high-wage Intel jobs for process engineers, equipment technicians, and facilities-support engineers and technicians who will work at the site," Intel said in a statement. The 7nm semiconductor manufacturing process will be targeted for Fab 42. Click here to read more ...