Intel Begins Equipping New Fab 62 Chip Factory in Arizona to Expand US Manufacturing

Intel has commenced the installation of chipmaking equipment at its new Fab 62 facility in Chandler, Arizona. This move is a significant capital investment aimed at expanding Intel's U.S. semiconductor manufacturing capacity, with operations expected to begin by the end of 2028. The expansion is seen as a strategic effort to offer chip designers more bargaining power against contract chipmaker TSMC.