Why are fabs being built in Arizona?

New technologies born here will improve the lives of every person on the planet. The two new fabs in Arizona will support Intel’s product expansion requirements and provide committed capacity for the recently announced Intel Foundry Services (IFS).

Why are there so many semiconductor fabs in Arizona?

As semiconductor producers are building new plants in the United States, Arizona has regularly been a top site, as the state offers a favorable tax and regulatory climate, competitive utility rates, and skilled workers.

Why are chips made in Arizona?

They provide high-value-added exports, bringing more money into the country than a simple auto assembly plant. They also help the U.S. retain its commanding position in technology and promote the potential for locating whole supply chains within the country.

Why are semiconductor fabs dotting Arizona the Silicon Desert?

One popular location is (somewhat surprisingly) Arizona. Known for its lower cost of living, lower personal and corporate taxes, more affordable housing, and fewer regulatory hoops, several major semiconductor manufacturers have announced plans to build manufacturing facilities in the Phoenix area and beyond.

Why do fabs need water?

A factory or “fab” for making semiconductors needs a lot of water to operate. It’ll guzzle between 2 to 4 million gallons of water a day by some estimates, using the water to cool down equipment and clean silicon wafers. That’s about as much water as 13,698 to 27,397 Arizona residents might use in a day.

Why do fabs use so much water?

Is Intel building a new fab?

In an enormous empty patch of dirt at its existing Arizona site, Intel has just begun building fabs 52 and 62 at a total cost of $20 billion, set to make Intel’s most advanced chips, starting in 2024.

Does Intel manufacture its own chips?

Intel is one of the few remaining semiconductor companies that both designs and manufactures its own chips.

Are new chip factories being built?

The world’s largest semiconductor manufacturers—Intel, Samsung, and the Taiwan Semiconductor Manufacturing Company (TSMC)—have all announced plans to build new chip factories in the US.

Why is Intel building new factories in Arizona?

Intel CEO plans to build two new CPU fabs in Arizona Two of the world’s leading chip manufacturers—Intel and TSMC—are increasing their US-based manufacturing presence by building new plants in Arizona. Chip foundries are critically dependent on water, and Arizona is one of the driest states in the nation.

Where are Intel’s new fabs being built?

March 23, 2021 — Intel Corporation announced a significant expansion of Intel’s semiconductor manufacturing capacity, beginning with plans for two new factories (or “fabs”) at the company’s Ocotillo campus in Chandler, Arizona. Planning and construction activities are expected to begin immediately.

What does Intel’s $20 billion investment in Arizona mean for investors?

Intel announced on Tuesday that it will spend $20 billion to build two new chip factories, called fabs, in Chandler, Arizona. Intel stock rose as much as 5\% on the news in extended trading on…

Where are Intel and TSMC building new chip factories?

U.S. semiconductor giant Intel announced in March that it plans to spend $20 billion on two new chip plants in Arizona. Separately, TSMC (Taiwan Semiconductor Manufacturing Company) said it was going to build a $12 billion factory in Arizona, and chief executive C.C. Wei said Wednesday that construction had already begun.