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Intel plans to expand its Kiryat Gat fab

Posted on Tuesday, June 21 2011 @ 14:21:11 CEST by


FUD Zilla reports Intel plans to expand its fab at Kiryat Gat in Israel:
The plan is to produce in two or three years silicon wafers with the innovative 15-nanometer technology.

If the upgrade is carried out, Intel's Kiryat Gat fab will become one of the multinational's most advanced fabs. Chipzilla wants to invest $4.8 billion and expects a 600 million if it does it. Intel Israel will hire 1,300 additional employees.

The expansion plan follows another grant which was awarded six months ago, a $200 million grant to upgrade the Kiryat Gat fab. The upgrade is currently underway.



 



 

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