The state-of-the-art plant, which will crank out microchips with next-generation 14 nanometer line-widths, is expected to bring thousands of jobs to the cash-strapped western US state, which is offering more incentives to lure businesses.
Construction on Intel’s plant should kick off in the middle of this year, it said. When completed, the plant will churn out next-generation 14-nanometer line-width transistors and microchip wafers of 300 millimeters.
Intel said in October it plans to spend $6 billion to $8 billion on high-tech manufacturing facilities in Arizona and Oregon, creating as many as 8,000 construction jobs.
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