Intel plans $7 billion Fab 42 investment for 7-nm production

Intel's 10-nm products are likely in production as we speak. Seven nanometers is the next stop on the roadmap, and the company revealed today that it'll be pouring $7 billion into its Chandler, Arizona facilities to complete an entirely new foundry for production on that node. Intel expects that Fab 42, as it'll be known, will require three to four years of construction before it's complete. When Fab 42 comes online, Intel says it'll be "the most advanced semiconductor factory in the world."

Intel's Chandler facilities

Intel already lays down many of its cutting-edge chips in Chandler, Arizona using its 22-nm and 14-nm tri-gate processes. The company employs more than 11,000 people at those facilities, and it expects to hire 3,000 more as a direct result of Fab 42's operations. In total, the company expects that Fab 42 will support more than 10,000 jobs in the surrounding area.

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