"The unprecedented demand for technology has created even more need for the innovative products Intel creates," Keyvan Esfarjani, Intel's senior vice president of manufacturing and operations, told reporters outside the company's plant in Chandler, Arizona. Intel dominated chipmaking for decades but...
In December, Intel had announced plans to increase its investment in the chip manufacturing plant in Kiryat Gat, from USD 10 billion to USD 25 billion, in order to secure a USD 3.2 billion grant from the Israeli government. However, it has now suspended the plan, suggesting that “managing ...
300 tools (many of them requiring multiple trucks to move), a super overhead highway that zips silicon wafers around all four of the company’s Arizona factories, and a 12-acre water plant that will treat
Chandler, Ariz., to Get $2 Billion Intel Chip Plant.(Knight Ridder/Tribune Business News)Sidener, JonathanFiscus, Chris
plant workforce up to 12’000, according to a report from the Phoenix Business Journal. Fab 42 connects three other Intel fabs at the Chandler plant, creating a massive network. According to the report, the fab uses the 10-nanometer process to manufacture Intel products, however in the ...
The U.S. government is subsidizing a massive Intel fab outside of Columbus, Ohio, as part of $8.5 billion in loans and grants toward U.S. chipmaking. Gelsinger said last month that the plant will offer leading-edge manufacturing when it comes online in 2028, and will make AI chips...
Work in process 6,266 7,565 Finished goods 3,922 4,142 11,466 13,224 Other current assets 4,472 4,712 Total current assets 43,811 50,407 Property, plant and equipment, net 93,352 80,860 Equity investments 5,700 5,912 Goodwill 27,591 27,591 Identified intangible assets...
plant and equipment, net of proceeds from capital grants and partner contributions, 2) payments on finance leases, and 3) proceeds from the McAfee equity sale. This non-GAAP financial measure should not be considered a substitute for, or superior to, financial measures calculated in accordance wi...
Electric utility Salt River Project (SRP) and renewable energy producer sPower on Thursday announced the start of construction of the 100-MW East Line Solar plant in Central Arizona. The facility is being built in Pinal County from where it will support Intel Corporation’s (NASDAQ:INTC)...
Intel's current U.S. fabs are located in Chandler, Arizona; Rio Rancho, New Mexico; and Hillsboro, Oregon. Intel is now scoping out a site near Columbus, Ohio, for its newest chip fab. Exact details surrounding the announcement are being held close to the vest by both Intel and governme...