Intel slams brakes on plans for new chip factory

January 15, 2014

Intel has put on hold a new chip manufacturing facility at its site in Chandler, Arizona, leaving the new space available for unspecified future technology. The company said in February 2011 it was investing over $5 billion in the new Fab 42, which was expected to be completed last year. The fab was to begin operations on a process that would allow the chipmaker to create transistors with a minimum feature size of 14 nanometers. It was announced by former Intel President and CEO Paul Otellini during a visit by U.S. President Barack Obama to an Intel facility in Hillsboro, Oregon, and was highlighted by Obama as an example of U.S. manufacturing potential. ”First just so its clear we’ve been headed down this path for some time,” Intel spokesman Chuck Mulloy said via email on Tuesday. He said the building for the new facility was completed on schedule.To read this article in full or to leave a comment, please click here

Link: http://www.pcworld.com/article/2088040/intel-puts-on-hold-fab-42-in-arizona-will-use-for-future-technology.html#tk.rss_all