On Monday (3) Intel announced a $3.5 billion (about NT $97.7 billion) expansion of its New Mexico plant.
Intel set up factories, expansion news in a row, strong demand in the semiconductor market, the wafer foundry TSMC (TSM-US) is expected to invest $ 100 billion in the next three years to increase production capacity to support customer demand, which seems to bring pressure on Intel.
Intel (INTC-US) CEO Jisingh (Pat Gelsinger) on Sunday confirmed that it will spend $10 billion to build a new chip factory in Israel, the first phase of construction has already started, and announced that it will invest an additional $600 million to expand the pace of research and development.
As the cost of building new plants is very high, amortization will take several years, a more economical and cheaper way in the short term is to expand the operation of existing plants, Intel is also this intention, Intel announced on Monday will expand the Rio Rancho, New Mexico plant, spending $3.5 billion.
On Monday Intel announced an investment in upgrading the New Mexico plant, upgrading the Rio Rancho plant’s EMIB and Foveros 3D packaging technology.
It means Intel will expand the plant’s footprint by 40 percent, and construction will begin in the second half of 2021, but planning activities have already begun, and Intel plans to complete the expansion plan in 2022.
Intel currently has 1,800 employees in the region, and the new investment will create 700 new jobs, bring 1,000 camp jobs, and provide 3,500 indirect jobs.
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