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Intel, headquartered in Santa Clara, California, currently ranks as Arizona's 11th-largest nongovernmental employer, with 13,000 employees as of last year's Repubic 100 special report.
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
This expansion project includes the construction of two advanced semiconductor fabs in Ocotillo, bringing Intel's total investment in Arizona to more than US$50 billion over the last four decades.
Construction work on Intel’s two $30bn chip fabs in Chandler, Arizona, has also been slower than expected.
Construction equipment prepares the site for two new chip factories at Intel Corporation's Ocotillo campus in Chandler, Arizona, in September 2021. ©Courtesy of Intel Corporation© The Center Square ...
Construction equipment prepares the site for two new chip factories at Intel Corporation's Ocotillo campus in Chandler, Arizona, in September 2021. The site will be home to Intel Fab 52 and Fab 62.
Unlike Ohio where Intel is starting from scratch, Intel has been in Arizona for more than 40 years, and it already has a well-established supplier base.
Efficiencies So Intel is something of a construction powerhouse, with its current spend across four U.S. states alone pegged at around $100 billion spanning new builds and refurbs.
ARIZONA NEWS Intel stops construction on Chandler chip factory Jan 15, 2014, 1:00 PM | Updated: 1:01 pm BY KTAR.COM ...