December 21, 2024 3:13 am
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Intel investing $7 billion in Chandler facility, creating 3,000 high-wage jobs

Intel CEO Brian Krzanich made the announcement today during a meeting with President Donald Trump in the White House. Krzanich displays the 14-nanometer chips to be produced at the factory. The CEO chief has come out against Trump’s immigration ban/From Reuters video

By Hayley RIngle | Phoenix Business Journal

Intel Corp. announced plans today to invest more than $7 billion to complete the most advanced semiconductor factory in the world in Chandler.

The completion of the high-volume factory, known as Fab 42, will take three to four years and create 3,000 high-tech, high-wage Intel jobs for process engineers, equipment technicians and facilities support engineers and technicians.

Fab 42 is expected to create more than 10,000 long-term jobs in Arizona combined with the indirect impact on businesses that will support the factory’s operations, according to Intel.

Intel CEO Brian Krzanich made the announcement today during a meeting with President Donald Trump in the White House.

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