Intel is investing more than USD 20 billion to build two new fabs in Ohio and to establish a new epicentre for advanced chipmaking in the Midwest. The initial phase of the project is expected to create 3,000 with production originally expected to start in 2025. However, the WSJ has just ...
Intel is planning to invest more than $20 billion in the construction of two new leading-edge chip factories in Ohio.
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▪ Intel has submitted all four of its major manufacturing proposals in Arizona, New Mexico, Ohio and Oregon, representing more than $100 billion of U.S. manufacturing and research investments, to the U.S. Department of Commerce’s CHIPS Program Office. ▪ Intel announced that a major cus...
▪Announced initial investment of more than $20 billion to build two new leading-edge chip factories in Ohio, where we are establishing the first advanced semiconductor campus in the “Silicon Heartland” of the Midwest. This will be Intel's first new manufacturing site location in 4...
As such, the company is said to have put the brakes on the groundbreaking ceremony for its planned Ohio fab, which was meant to take place on the 22nd of July. Intel allegedly sent out an email to various state and federal lawmakers that it has placed the ceremony on hold, indefinitely ...
Ohio, the winner of a bake-off between around 40 prospective sites that went on for much of Gelsinger’s first year. Its New Mexico site will get a new $3.5 billion chip-packaging plant. The company also intendsto expand its manufacturing capacity in Europe, exact location TBD. And this ...
Additions to held for sale NAND property, plant and equipment (206) (1,118) Purchases of short-term investments (31,669) (30,326) Maturities and sales of short-term investments 35,129 22,270 Sales of equity investments 4,880 444 Proceeds from divestitures 6,579 — Other...