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Intel invests $20 billion in its Arizona factories and outsources part of its 2023 CPU production to TSMC
Shaken from all sides, Intel tries to react in a "muscular" way to boost its own structures, but does not forget the strategic partnerships.
Since the arrival of Pat Gelsinger at the head of Intel on January 13, everyone has been paying close attention to the group's orientations. The new CEO has first taken his bearings and two months after his appointment, he decided to hold a one-hour conference called Unleashed: Engineering the Future. It was an opportunity to present Intel's new ambitions and, above all, to show that the group is giving itself the means to act.
Intel first stressed the importance of investing massively in its infrastructure while the shortage of semiconductors affects all companies, all industries. Pat Gelsinger confirmed a colossal investment of 20 billion dollars to add new production plants to its Ocotillo campus in Chandler, Arizona. The estimated duration of this huge project is not yet known, but it is expected to create more than 3,000 highly skilled jobs. There is also talk of 3,000 construction jobs and, in the long term, 15,000 local jobs.
This initial investment will not be the only one, and Intel plans to expand other infrastructure in North America and Europe to meet the growing demand for local electronics products. Intel also plans to become a third-party supplier, i.e. a foundry serving design companies. Pat Gelsinger explains that a new structure called Intel Foundry Services has just been set up.
Finally, and no doubt to meet the most pressing needs, Intel has formed a partnership with TSMC. The famous Taiwanese foundry will be responsible for part of Intel's processor production in 2023. It is probably to find an immediate solution to the problems encountered by Intel on the evolution of its engraving process.