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The move is part of Chief Executive Officer Pat Gelsinger's strategy to restore Intel's dominance in chip making and reduce America's reliance on Asian manufacturing hubs, which have a tight hold on the market.
As part of its turnaround plan to become a major manufacturer of chips for outside customers, Intel broke ground on two factories in Arizona in September. The $20 billion plants will bring the total number of Intel factories at its campus in the Phoenix suburb of Chandler to six.
Gelsinger told Reuters he still hoped to announce another major manufacturing site in Europe in coming months.
https://www.koreatimes.co.kr/www/tech/20...22774.html
As part of its turnaround plan to become a major manufacturer of chips for outside customers, Intel broke ground on two factories in Arizona in September. The $20 billion plants will bring the total number of Intel factories at its campus in the Phoenix suburb of Chandler to six.
Gelsinger told Reuters he still hoped to announce another major manufacturing site in Europe in coming months.
https://www.koreatimes.co.kr/www/tech/20...22774.html
