Intel plans to invest about $20 billion to build two new fab facilities in Arizona. The organization aims to bolster the US job markets and the domestic semiconductor supply. According to Intel’s CEO Pat Gelsinger, cloud, connectivity, artificial intelligence, and intelligence-edge drive chip demand. The announcement also aims to get 7nm back on track with EUV technology, launch Intel Foundry Services, and collaborate with IBM for new research. This collaboration marks the development of cutting-edge packaging and process technologies for future chips. To learn more, click on the video.
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