Intel Corp To Invest $7B in Arizona In Worlds Most Advanced Plant

Intel Corp just announced that it is investing $7B right here in Chandler, AZ in the most advanced semiconductor factory in the world.

The plant, aptly named Fab 42, will take 3-4 years to complete and will create approximately 3,000 high-tech jobs for engineers, technicians and other support personnel.

 

intel-ceo-brian-krzanich-2_600x400

Intel CEO Brian Krzanich

 

The factory will produce 7-nanometer chips that “will be the most powerful computer chips on the planet,” the company said in a statement.

Over the long run, the facility is expected to create more than 10,000 jobs in Arizona. This is great news for Chandler and Arizona as a whole. There are currently a slew of tech companies based here such as Amazon, Yelp and Yodle to name a few.

President Trump called the investment “a great thing for Arizona.”

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This entry was posted in Business and Entrepreneurs, Internet Technology and tagged , , , , . Bookmark the permalink.

One Response to Intel Corp To Invest $7B in Arizona In Worlds Most Advanced Plant

  1. Pingback: Intel To Build Worlds’Most Advanced Semi-Conductor Plant in Chandler Arizona | Semper Find My Home

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