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Intel’s Awaited Arizona Semiconductor Plant Outrights $7Bn Investment

Arizona plant

Chip-making giant Intel has recently announced completion of a multi-billion dollar Arizona plant. The announcement was made during the tenure of then-President Barack Obama visit to a company plant in Oregon in 2011.

The announcement came this week during a visit by Intel CEO Brian Krzanich with President Donald Trump at the White House.

Sprawling in the corner of Dobson and Ocotillo in Chandler – the plant is called Fab 42 and is known to build the most advanced semiconductors in the world when it is completed in three to four years.

The new plant would bring 2,000-3,000 construction jobs to the state including 1,000 permanent positions. In addition, Intel estimates a grand total of 10,000 jobs will be added in the state, after businesses that will help support the factory’s operations are factored in.

John McCain, Arizona Senator, said, “Intel’s announcement that it will invest $7 billion to construct what is expected to be the most advanced semiconductor factory in the world in Chandler, Arizona, is great news for the people of our state. This decision, which will create more than 3,000 high-tech, high-wage jobs and as many as 10,000 long-term jobs in Arizona, is a testament to our state’s reputation as a technology leader and an excellent place to do business. As one of the most innovative technology and manufacturing companies, Intel had its choice to build this facility anywhere in the world – and it chose to do so in Arizona. This truly reflects our state’s dynamic workforce, growing technology sector, pro-business environment and great quality of life for all who live and work here.”

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