AMD announced it will build a massive 300mm fab in New York. The fab will cost $3.2 billion, $600 million for the building and $2.6 billion for production equipment.
The new factory will not only be one of the largest private sector industrial investments in New York State history, but apparently also one of the largest and highest capacity production facilities for microprocessors on a global basis. The new fab, without name so far, is scheduled for construction at the Luther Forest Technology Campus beginning in the time frame between July 2007 and July 2009 and will house a total of 1.2 million square foot of floor space. This size is equal to about 21 football fields and about 21% larger than Intel's currently largest fab (D1D, 989,000 square foot) and about the same size as Intel's currently constructed 45 nm Fab in Kiryat Gat, Israel.
The fab will be ready between the end of 2012 and the end of 2014. More details at TG Daily.