Intel to invest $5 billion in new Arizona plant

Feb 18, 2011
Intel CEO Paul Otellini speaks at Intel in Hillsboro, Oregon. US computer chip giant Intel announced plans Friday to invest more than $5 billion to build a new chip manufacturing facility in Arizona.

US computer chip giant Intel announced plans on Friday to invest more than $5 billion to build a new state-of-the-art chip manufacturing facility in Arizona.

The announcement was made by Intel president and chief executive Paul Otellini during a visit by President to an Intel facility in Hillsboro, Oregon.

Intel, the world's largest computer chip maker, said construction of the new facility, Fab 42, in Chandler, Arizona, will begin in the middle of this year and it is expected to be completed in 2013.

"When completed, Fab 42 will be the most advanced high-volume semiconductor factory in the world," Otellini said, and will create thousands of jobs.

Intel said the new Arizona factory will make transistors with a minimum size of 14 nanometers.

"Building the new fab on the leading-edge 14-nanometer process enables Intel to manufacture more powerful and efficient ," Intel said in a statement.

A nanometer is one-billionth of a meter or one ninety-thousandth the width of a human hair.

"The investment positions our manufacturing network for future growth," said Brian Krzanich, senior vice president and general manager for manufacturing and supply chain at Intel.

"The products based on these leading-edge chips will give consumers unprecedented levels of performance and power efficiency across a range of computing devices from high-end servers to ultra-sleek portable devices," Krzanich said.

announced plans in October to invest between $6 billion and $8 billion in its US manufacturing facilities to produce next-generation computer chips, including building a new fabrication plant in Oregon.

The new Arizona facility is in addition to the previously announced investment.

Obama traveled to Intel's most sophisticated semiconductor plant in Oregon to tout his plans to invest in science and education despite seeking ways to rein in spending in other areas to deal with a ballooning deficit.

Obama also Friday named Otellini to his jobs council in a move designed to harness the power of innovation to ignite economic and employment growth.

Otellini will serve on the president's Council on Jobs and Competitiveness, an advisory board, headed by General Electric chief executive Jeffrey Immelt that is dedicated to finding new ways to boost growth, hiring and the education and training of US workers.

Explore further: EU Parliament votes to break up Google

add to favorites email to friend print save as pdf

Related Stories

Intel To Build New 300 mm Wafer Factory In Arizona

Jul 25, 2005

Intel Corporation today announced plans to build a new 300-mm wafer fabrication facility at its site in Chandler, Ariz. The new factory, designated Fab 32, will begin production of leading-edge microprocessors in the second ...

Intel to spend up to $8B on US manufacturing

Oct 19, 2010

(AP) -- Intel Corp. on Tuesday revealed the scope of its latest infusion to keep its factories cutting-edge and push the chip industry's pace: an investment of up to $8 billion to build a new factory in Oregon ...

Recommended for you

EU Parliament votes to break up Google

Nov 27, 2014

The European Parliament voted overwhelmingly for the break-up of Google Thursday in a largely symbolic vote that nevertheless cast another blow in the four-year standoff between Brussels and the US Internet ...

Toyota finds new air bag issue, recalls more cars

Nov 27, 2014

Toyota Motor Corp. recalled more than 40,000 vehicles in Japan on Thursday as part of a worldwide scare over defective air bags and is investigating a new type of air bag problem that could lead to further recalls.

Netflix sues Yahoo CIO for alleged kickbacks

Nov 26, 2014

Netflix is suing a former company vice president who is now chief information officer at Yahoo, accusing him of receiving money from vendors he hired to work with the video streaming company.

User comments : 2

Adjust slider to filter visible comments by rank

Display comments: newest first

Sam_Herzig
not rated yet Feb 18, 2011
The world is becoming smaller and smaller...
Burnerjack
not rated yet Feb 19, 2011
Does China know about this?!

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.