Intel will soon be making the world’s most advanced ‘high volume’ chip in their Arizona plant in the US at a cost of at a cost of $5bn.
The plant being developed to make chips is christened ‘Fab 42’ that is to be based in Arizona desert, and will be completed by 2013.
Though It is said to be part of Intel’s planned future strategies, US Treasury Secretary Timothy Geithner, however, hailed Intel’s move to make a domestic investment.
Geithner said it was vital that America makes cutting-edge technology components that would be used around the globe.
He added that it would the backbone of their economy going into the future.
Intel will make chips having parts with thickness of 14nm at this plant.
The miniature form-factor makes the chips more energy-efficient, particularly for mobile phones.
Intel’s head of manufacturing Brian Krzanich said fourteen nanometers and beyond is where Intel feels its technology is going to break through into mobile phones and every kind of computing technology.
Another chip-making giant GlobalFoundries is also said to be coming up with a similar plant in New York.
GlobalFoundries is a spinoff of AMD, and is supposed to be building one of the largest fabrication plants in the country.