Intel (INTC.US) Makes New Progress in U.S. Wafer Fab Expansion! New Arizona Plant to Begin Production in 2028; Surging AI Chip Demand Boosts Confidence in Capacity Expansion

Zhitong Finance APP has learned that Intel (INTC.US) announced on Wednesday that its repeatedly delayed U.S. wafer fab expansion plan has made important progress. The new factory in Arizona has entered the critical equipment installation stage, and construction of the chip manufacturing base in Ohio is also advancing. With demand for artificial intelligence (AI) data center processors growing rapidly, Intel is once again accelerating the buildout of domestic U.S. manufacturing capacity to enhance advanced chip manufacturing capabilities and promote the development of its foundry business.