Monday, August 9th 2021
Intel Expects New US Fab Investment to Cost $60 to $120 billion
In an interview with the Washington Post, Intel CEO Pat Gelsinger shared some details on the company's plans to expand its foundry operations in the US. As part of the company's IDM 2.0 plan, the company aims to construct a new cutting edge fabrication complex that will cover both wafer manufacturing and advanced packaging technologies. While the final factory location still hasn't been disclosed, the company said it plans to build the complex in close proximity to universities - a way to facilitate the hiring process of qualified personnel and, perhaps, of establishing joint research and development. Intel expects this foundry complex to cost between $60 and $120 billion.
Sources:
The Washington Post, via Tom's Hardware
Intel CEO Pat GelsingerWe are looking broadly across the U.S.. 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."The factory should thus include between six and eight modules dedicated to Intel's leading-edge manufacturing processes and wafer processing, and will also include facilities dedicated to Intel's proprietary EMIB and Foveros packaging technologies. Power will be delivered by an on-site dedicated power plant. And while Intel hasn't disclosed which manufacturing processes this new fabrication complex will specialize in, the 2024 timeframe for the construction to commence likely means a higher likelihood of it being a true cutting-edge, Intel 4 or Intel 3 manufacturing technologies rather than scaling up production for current processes.
Intel CEO Pat GelsingerWe're engaging with a number of states across the United States today who are giving us proposals for site locations, energy, water, environmentals, near universities, skill capacity, and I expect to make an announcement about that location before the end of this year," Gelsinger said.
21 Comments on Intel Expects New US Fab Investment to Cost $60 to $120 billion
Without design wins, what Intel is seeking to buy (GF) is what they might be relegated to.
Lithography is their biggest bottleneck by a very long mile. Its so problematic, that even breakthrough designs can't be prototyped and developed as a result of such. Its being done partially expernally at other fabs, which massively slows down further developments
This to me looks like the right move
But the world is moving in that direction and newer generations are more and more comfortable with more and more tech gadgets. What could be tiring or just too much for you and me, it is normal or even preferred for the majority of newer generations.
So basically, Intel can't compete, relies on government bailout to compete... lol
Pathetic.
TSMC is similarly fishing for government support on their planned Arizona plant (and the one in Germany, and Japan).
This is business as usual.
the dream of the free land died a long time ago I am afraid. we traded the tyrant King George who was 3000 miles away, for one who was 300 miles away.
Taxpayer money going to limousines, bribes to politicians and generally to some pockets of useless individuals are money lost.
let me know, thanks. you seem to know what's best, but I think is what's best. so who is to decide. there is only limited amount we can tax though. so how do we spend it?
In the 80's there where still some major manufacturers in Greece. What politicians did? They convince unionists in those factories to go on strike and force companies to leave Greece and close their factories. Politicians where promising and then fulfilling that promise of taking all those workers in those factories that where now without jobs and put them in state jobs. Of course all those workers would have to vote for the political party that gave them secure, well payed state jobs. Or another example. Until many years ago, farmers where cutting the country in half with roadblocks on many roads. After 2-3-4 weeks where the country was having huge problems because of this, government would come to an agreement with farmers to give them state support and stop their protests. I am talking about state help of one billion or more euros. Think an equivalent help of 40-60 or more billions in the case of USA. In the end there where more Porsche Cayenne in small villages, than major cities.
Tax money to help your country to remain on top of technology and interdependent? tax money for universal healthcare, free universities and in some cases student loan forgiveness? Oh, that would have been great. Instead we have politicians with over 30-50-100 houses in their possession. Think about it.