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  2. Dive Brief:

    • Intel is expanding its presence in Arizona through the construction of two new semiconductor factories worth $20 billion, according to an Intel press release.
    www.constructiondive.com/news/intel-breaks-grou…
    U.S. semiconductor giant Intel announced in March that it plans to spend $20 billion on two new chip plants in Arizona. Separately, TSMC (Taiwan Semiconductor Manufacturing Company) said it was going to build a $12 billion factory in Arizona, and chief executive C.C. Wei said Wednesday that construction had already begun.
    www.cnbc.com/2021/06/04/why-intel-tsmc-are-buil…

    Intel is spending $20 billion to build two new chip plants in Arizona

    • Intel announced on Tuesday that it will spend $20 billion to build two major factories in Arizona.
    www.cnbc.com/2021/03/23/intel-is-spending-20-billi…
     
  3. People also ask
    What's new at Intel in Arizona?(Credit: Intel Corporation) New $20 billion capacity expansion will bring Intel’s total Arizona investment to more than $50 billion. CHANDLER, Ariz.-- (BUSINESS WIRE)-- What’s New: Intel today broke ground on two new leading-edge chip factories at the company’s Ocotillo campus in Chandler, Arizona.
    What's new at Intel's Arizona plant?The new Arizona plants will also be the first Intel has built from the ground up with space reserved for outside customers.
    Why is Intel investing $32 billion in Arizona?In Arizona, Intel is investing more than $32 billion to build two new leading-edge chip factories and modernize an existing fab at its Ocotillo campus in Chandler, Arizona, that will produce the world’s most advanced logic chips.
    Does Intel have a presence in Arizona?Intel has had a presence in Arizona for over 40 years and the state is home to a well-established semiconductor ecosystem. Other major chip companies with a presence in Arizona include On Semiconductor, NXP and Microchip. Intel now employs over 12,000 people in Arizona and the state is home to Intel’s newest manufacturing facility, Fab 42.
     
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