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TAP TIMES -10- JANUARY 2022

The BIG Boom! (from 8)

fabs announced earlier in 2021. While the
location for Intel’s Next Big Thing has not
been announced, one thing is almost cer-
tain: It will not be in California.

California move-out
Intel’s last California fab, D2 at Intel’s
Santa Clara, Calif. headquarters, was
closed in January 2008 for a number of Intel’s Ocatillo site in Chandler, Arizona will be the site of two
new fabs. (Intel)
reasons. Chief among them was likely just
the sheer cost of doing business today in rity, with clear urgency.” Intel has an am-
the state. bitious roadmap to catch and surpass
competing giants Samsung and TSMC by
In a November 2021 interview with CNBC, 2025.
Gelsinger said,“We had some missteps.
The strategy had become a little bit con- Key is the announced series of new fabs
fused on the role that we’re going to play for the U.S., Europe and Israel. Combined
in manufacturing for the long term. And they will cost the company more than $44
now we’re leaning back into that with clar- billion. to page 12

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E-tec Inserat Socket 2015 190x127mm US.indd 1 18.06.15 10:06