Intel’s sixth AZ chip factory moves forward in foundry turnaround; Fab 52 and Fab 62 factories in Chandler part of a larger $100B investment

Highlights
Intel Corp. broke ground on Fab 62 at its Ocotillo campus in Chandler
Production at the new facility will begin by the end of 2028
Intel allocated $3.9 billion of its CHIPS Act grant to support the project

Intel Corp (Nasdaq: INTC)
Alysia Staar | Global Director of Corporate Real Estate

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