Intel's new US manufacturing campus could top $120 billion mark

Posted on Monday, August 09 2021 @ 14:06 CEST by Thomas De Maesschalck
In an interview with the Washington Post, Intel CEO Pat Gelsinger shed some light on the chip giant's plans for a massive new campus in the US. Besides being pitched as a rebalancing of the global supply chain, the plan will be a massive investment for Intel.

The company is currently looking for the ideal location of its next major semiconductor manufacturing hub. A decision will be made by the end of this year. Gelsinger envisions the campus will eventually house six to eight factories. Each of these semiconductor fabrication modules will use Intel's cutting-edge processes and will adopt EMIB and Foveros packaging technology.

Gelsinger: It will be a little city

Gelsinger describes the campus as a small city, with its own powerplant. Each factory module is anticipated to cost between $10 billion and 15 billion. Basically, Intel's investment in the campus over the coming decade could be anywhere from $60 billion to $120 billion. Intel talks about 10,000 direct jobs and another 100,000 indirect jobs.
“We are looking broadly across the U.S.,” Gelsinger told the Washington Post. “This would be a very large site, so six to eight fab modules, and at each of those fab modules, between 10- and $15 billion. It's a project over the next decade on the order of $100 billion of capital, 10,000 direct jobs. 100,000 jobs are created as a result of those 10,000, by our experience. So, essentially, we want to build a little city.”
Intel is evaluating several locations. Key factors include a well-developed infrastructure, with adequate water supply and stable energy. Furthermore, it needs to be near a big city and universities, to tap into skilled labor.

Via: Tom's Hardware

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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