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Intel’s new fab to cost around $120 billion and will start production from 2024

We all know that intel will be building a new fab to increase its production and boost manufacturing. Recent reports have come in which offers more details about the upcoming fab of the silicon giant. The CEO of Intel, Pat Gelsinger stated that the new fab will cost between $60 billion and $120 billion.

He further mentions that this new facility will also have multiple modules capable of processing wafers build on Intel’s advanced process technologies. There is also a plan to build this new fab adjacent to a university to simplify the hiring of new personnel. 

Intel’s new started  IDM 2.0 strategy, which outlines the company’s plans to return to the top in a couple of years, intel is also increasing its team of experienced engineers by hiring some of its veterans back. The company is also set to decide on the exact location of its next semiconductor manufacturing hub in the U.S and the place will be announced by the end of this year.

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According to reports, the new fab will include between six and eight modules capable of producing chips using the company’s leading-edge fabrication processes. These chips will also be packaged using Intel’s proprietary techniques like EMIB and Foveros, and will also have its dedicated power plant.

We are looking broadly across the U.S. This would be a very large site, so six to eight fab modules, and at each of those fab modules, between 10- and $15 billion. It’s a project over the next decade on the order of $100 billion of capital, 10,000 direct jobs. 100,000 jobs are created as a result of those 10,000, by our experience. So, essentially, we want to build a little city.”

For now, intel is yet to make it public as to which nodes the first module of the fab will be supporting and since the operations of the fab will start sometime in 2024 at the earliest, the new fab of Intel will be producing chips using the Intel 4 and the Intel 3 manufacturing technologies. 

“We’re engaging with several states across the United States today who are giving us proposals for site locations, energy, water, environmental, near universities, skill capacity, and I expect to announce that location before the end of this year.”


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Nivedita Bangari
Nivedita Bangari
I am a software engineer by profession and technology is my love, learning and playing with new technologies is my passion.

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