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Intel ramps up US factory readiness
Intel is accelerating the setup of its factories in the United States in an effort to regain its leadership position in the semiconductor industry. The company has begun installing equipment and tools at the "Fab 62" plant in Arizona and is working on developing the New Albany plant in Ohio, which is scheduled to start operations in early 2028. These steps reflect increasing confidence in the sustained demand for data center processors and artificial intelligence. Intel has raised its investment budget for factories and equipment to around $20 billion this year, with expectations to increase further in 2027, although its spending remains below the levels of some competitors such as TSMC and Samsung.
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