Intel Supports American Innovation with $7 Billion Investment in Next-Generation Semiconductor Factory in Arizona
February 08 2017 - 1:12PM
Business Wire
Intel’s Fab 42 will Target Advanced 7 nm
Technology and Create More Than 10,000 Jobs in Arizona
Intel Corporation today announced plans to invest more than $7
billion to complete Fab 42, which is expected to be the most
advanced semiconductor factory in the world. The high-volume
factory is in Chandler, Ariz., and is targeted to use the 7
nanometer (nm) manufacturing process. It will produce
microprocessors to power data centers and hundreds of millions of
smart and connected devices worldwide. The announcement was made by
U.S. President Donald Trump and Intel CEO Brian Krzanich at the
White House.
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Intel Corporation on Tuesday, Feb. 8,
2017, announced plans to invest more than $7 billion to complete
Fab 42. On completion, Fab 42 in Chandler, Ariz., is expected to be
the most advanced semiconductor factory in the world. (Credit:
Intel Corporation)
The completion of Fab 42 in 3 to 4 years will directly create
approximately 3,000 high-tech, high-wage Intel jobs for process
engineers, equipment technicians, and facilities-support engineers
and technicians who will work at the site. Combined with the
indirect impact on businesses that will help support the factory’s
operations, Fab 42 is expected to create more than 10,000 total
long-term jobs in Arizona.
Context for the investment was outlined in an e-mail from
Intel’s CEO to employees.
“Intel’s business continues to grow and investment in
manufacturing capacity and R&D ensures that the pace of Moore’s
law continues to march on, fueling technology innovations the world
loves and depends on,” said Krzanich. “This factory will help the
U.S. maintain its position as the global leader in the
semiconductor industry.”
“Intel is a global manufacturing and technology company, yet we
think of ourselves as a leading American innovation enterprise,”
Krzanich added. “America has a unique combination of talent, a
vibrant business environment and access to global markets, which
has enabled U.S. companies like Intel to foster economic growth and
innovation. Our factories support jobs -- high-wage, high-tech
manufacturing jobs that are the economic engines of the states
where they are located.”
Intel is America’s largest high-technology capital expenditure
investor ($5.1 billion in the U.S. 2015) and its third largest
investor in global R&D ($12.1 billion in 20151). The majority
of Intel’s manufacturing and R&D is in the United States. As a
result, Intel employs more than 50,000 people in the United States,
while directly supporting almost half a million other U.S. jobs
across a range of industries, including semiconductor tooling,
software, logistics, channels, OEMs and other manufacturers that
incorporate our products into theirs.
The 7 nm semiconductor manufacturing process targeted for Fab 42
will be the most advanced semiconductor process technology used in
the world and represents the future of Moore’s Law. In 1968 Intel
co-founder Gordon Moore predicted that computing power will become
significantly more capable and yet cost less year after year.
Making a leading-edge computer chip is the most complex
manufacturing process in the world, engineering magic that turns
sand into semiconductors, the foundation of the knowledge
economy.
The chips made on the 7 nm process will power the most
sophisticated computers, data centers, sensors and other high-tech
devices, and enable things like artificial intelligence, more
advanced cars and transportation services, breakthroughs in medical
research and treatment, and more. These are areas that depend upon
having the highest amount of computing power, access to the fastest
networks, the most data storage, the smallest chip sizes, and other
benefits that come from advancing Moore’s Law.
Intel and the Intel logo, are trademarks of Intel Corporation in
the United States and other countries.
*Other names and brands may be claimed as the property of
others.
1: PWC Global Innovation 1000 study and Intel 2015 annual
report.
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version on businesswire.com: http://www.businesswire.com/news/home/20170208005977/en/
Intel CorporationWilliam Moss,
650-521-1754william.moss@intel.com
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