With fab expansions on tap across the entire semiconductor industry, Intel is laying out its own plans for significantly increasing their production capacity by announcing their intention to build a new $28 billion fab complex in Ohio. With the paperwork already inked and construction set to begin in late 2022, Intel will be building two new leading-edge fabs in their new Ohio location to support future chip needs.
Intel’s announcement follows ongoing concerns about chip fab capacity and national security, as like other chip fabs, Intel is looking to expand their capacity in future years amidst the current chip crunch. All the while, the United States government has become increasingly mindful about how much chip production takes place in geopolitically tricky Taiwan, placing additional pressure on firms to build additional…
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APC (Digital) - 1 Issue, March 2022