Intel Breaks Ground in Arizona
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In March 2021, 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 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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