Intel plans $5 billion Arizona chip plant by 2013

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Intel plans $5 billion Arizona chip plant by 2013

Post by NewsOnline on Mon Feb 21, 2011 2:06 pm

Intel plans $5 billion Arizona chip plant by 2013



LOS ANGELES | Sun Feb 20, 2011 7:32am EST

(Reuters) - Intel Corp (INTC.O) plans to build a $5 billion, cutting-edge microchip factory in Arizona by 2013, sharply ramping up its U.S. manufacturing capacity as part of a major global expansion.

Construction should kick off in the middle of this year, it said in a statement. When completed, the plant will churn out next-generation 14-nanometer line-width transistors and microchip wafers of 300 millimeters.

Intel said in October it plans to spend $6 billion to $8 billion on high-tech manufacturing facilities in Arizona and Oregon, creating as many as 8,000 construction jobs.

http://www.reuters.com/article/2011/02/20/us-intel-idUSTRE71H6JF20110220

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