Intel is set to spend billions on two new chip factories

Home News Computing (Image credit: Shutterstock) New Intel CEO Pat Gelsinger has revealed plans to invest $20 billion in two new chipmaking factories as he looks to kick-start the company’s fortunes.Gelsinger shared the plans for the new fabrication units in Arizona during an annual webcast announcing what he called his IDM 2.0 vision, an overhauled take on Intel’s integrated device manufacturing (IDM) model.“Intel is the only company with the depth and breadth of software, silicon and platforms, packaging, and process with at-scale manufacturing customers can depend on for… Click below to read the full story from TechRadar
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