Intel Plans $5-Billion Plant in Arizona
Intel CEO Paul Otellini announced the deal during a visit by President Obama to Intel’s plant in Hillsboro, OR last week. â€śFab 42 will be the most advanced high-volume semiconductor factory in the world,â€ť Otellini said. â€śThis activity will create thousands of construction and permanent manufacturing jobs in this country.â€ť
According to Brian Krzanich, Intelâ€™s senior vice president of manufacturing and supply chain, the new fab will create transistors with a minimum feature size of 14 nanometers. Intel announced its next-generation processor chipâ€”codenamed Sandy Bridgeâ€”last month. Sandy Bridge-based chips are the first to integrate CPU and graphics processors on one chip, improving performance of the computer.