Gelsinger Archives - Semiconductor Digest

Intel Launches ‘IDM 2.0’ Strategy, Including Two New U.S. Fabs and Foundry Services

Intel’s new CEO Pat Gelsinger announced significant manufacturing expansion plans, starting with an estimated $20 billion investment to build two new factories fabs in Arizona. He also announced Intel’s plans to become a major provider of foundry capacity in the U.S. and Europe to serve customers globally.

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