By Arizona Commerce Authority
Intel has announced a substantial expansion of its Arizona-based manufacturing capacity with a $20B investment – the largest private sector investment in state history. The expansion will see the construction of two new semiconductor fabrication facilities, or fabs, which will produce advanced semiconductor chips used in modern electronics.
The investment will lead to the direct creation of 3,000 new high-tech, high-wage jobs and 3,000 construction jobs, while supporting an estimated 15,000 additional indirect jobs in our community.
Intel’s operations in Arizona go back more than 40 years. With this new expansion, Intel will employ nearly 16,000 Arizonans and will have invested more than $50B in our state. Intel operates four other fabs in Arizona, including Fab 42, the company’s largest chipmaking factory in the United States and said to be the most advanced in the world. In addition to high-volume manufacturing, Arizona is also home to Intel’s Assembly Test Technology Development group and functions like marketing, finance, human resources, legal, supply chain and logistics, and more.
With a global shortage of semiconductor chips, Arizona is poised to continue growing its technology and advanced manufacturing footprint. Arizona is already a top-five state for semiconductor production, with multiple industry leaders choosing the state to start, expand or relocate operations. (Source)
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