Intel Breaks Ground in Arizona

New factories will support growing demand for Intel’s products and provide committed capacity for foundry customers.

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In March, Intel announced plans to build two new leading-edge chip factories at its Ocotillo campus in Chandler, Ariz. The new factories will support growing demand for Intel’s products and provide committed capacity for Intel Foundry Services customers.

Intel CEO Pat Gelsinger was joined by government and community leaders on Sept. 24, 2021, for a groundbreaking ceremony on the factories: Fab 52 and Fab 62. The project pricetag of $20 billion constitutes the largest private-sector investment in Arizona history.

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Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

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