Progress has been reported on the US wafer fab expansion plan, with the new Arizona plant scheduled to begin operations in 2028. Surging demand for AI chips is boosting confidence in production expansion.
Intel has announced significant progress on its long-delayed US wafer fab expansion plan. The report was carried by Zhitong Finance, which cited the Zhitong Finance app.
The new plant in Arizona is reportedly scheduled to begin operations in 2028. A specific start year has been stated.
Surging demand for AI chips is cited as a factor boosting the company’s confidence in expanding production.