PHOENIX, AZ — On Friday, Intel broke ground on two new semiconductor fabrication facilities, or fabs, at the company’s Ocotillo campus in Chandler.
With the addition of two facilities – to be named Fab 52 and Fab 62 – Intel’s Ocotillo campus will house a total of six fabs. The investment will create more than 3,000 new high-tech, high-wage jobs and 3,000 construction jobs, while supporting an estimated 15,000 additional indirect jobs in the community. When fully operational in 2024, the new fabs will manufacture Intel’s most advanced process technologies.
“Arizona has been core to Intel’s growth over the past 40 years and is the cornerstone of our growth strategy for the next 40,” said Pat Gelsinger, Intel CEO. “As the only U.S.-based leading-edge chipmaker, we are committed to building on this long-term investment and helping the United States regain semiconductor leadership. New technologies born here will improve the lives of every person on the planet.
The two new fabs in Arizona will support Intel’s product expansion requirements and provide committed capacity for the recently announced Intel Foundry Services (IFS).
Arizona has emerged as the number one place for new semiconductor investments and was recently dubbed by Forbes as “U.S. Semiconductor Central.” Semiconductor manufacturing employs more than 22,000 people in Arizona and counting – Top 4 in the country – with a wage impact of more than $8 billion.