Intel’s new fab will cost between $60 billion and $120 billion

Stefan Mileschin · 10th August 2021, 06:57

Kicking Pat wants to build SimCity

Chipzilla’s CEO Kicking Pat Gelsinger is thinking big when it comes to getting Intel out of hot water.

Gelsinger is planning a fab complex in the United States which will be the size of a small city and cost between $60 billion and $120 billion.

Gelsinger wants a very large site, so six to eight fab modules, and at each of those fab modules, between 10- and $15 billion. It's a project over the next decade involving about $100 billion of capital, 10,000 direct jobs. 100,000 jobs are created because of those 10,000. So it want to build a little city, he said.

By the end of this year, Intel will sort out the US hub’s location, we guess depending on which US state is going to front up with enough sweeteners to have the Sim City built.

“We're engaging with a number of states across the United States today who are giving us proposals for site locations, energy, water, environmentals, near universities, skill capacity, and I expect to make an announcement about that location before the end of this year”, Gelsinger said.

https://fudzilla.com/news/53343-inte...nd-120-billion

10th August 2021, 06:57	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,678	Intel’s new fab will cost between $60 billion and $120 billion Kicking Pat wants to build SimCity Chipzilla’s CEO Kicking Pat Gelsinger is thinking big when it comes to getting Intel out of hot water. Gelsinger is planning a fab complex in the United States which will be the size of a small city and cost between $60 billion and $120 billion. Gelsinger wants a very large site, so six to eight fab modules, and at each of those fab modules, between 10- and $15 billion. It's a project over the next decade involving about $100 billion of capital, 10,000 direct jobs. 100,000 jobs are created because of those 10,000. So it want to build a little city, he said. By the end of this year, Intel will sort out the US hub’s location, we guess depending on which US state is going to front up with enough sweeteners to have the Sim City built. “We're engaging with a number of states across the United States today who are giving us proposals for site locations, energy, water, environmentals, near universities, skill capacity, and I expect to make an announcement about that location before the end of this year”, Gelsinger said. https://fudzilla.com/news/53343-inte...nd-120-billion

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