Intel invests over $5billion on 14nm fab

Intel is to invest over $5billion in a new chip manufacturing site which it says will be the most advanced, high volume semiconductor in the world.

The new factory will be built in Chandler, Arizona and is designated Fab 42. Construction is due to commence in the middle of this year, and is expected to be completed in 2013. The fab will begin operations on a process that will enable Intel to create transistors with a minimum feature size of 14nm. Brian Krzanich, pictured, Intel's senior vice president and general manager, Manufacturing and Supply Chain, said: "For Intel, manufacturing serves as the underpinning for our business and allows us to provide customers and consumers with leading edge products in high volume. The unmatched scope and scale of our investments in manufacturing help Intel maintain industry leadership and drives innovation." Fab 42 will be built as a 300mm factory and, according to Intel, the project will create thousands of construction and permanent manufacturing jobs.