Through a statement, Intel confirmed that it would expand three of its factories in Oregon, Ireland, and Israel to avoid the stock problems it has been suffering from for some time, especially as the arrival of chips with 10 nm nodes has been delayed.
Intel confirmed that it would expand three of its factories in Oregon, Ireland, and Israel
Intel announces plans to expand its manufacturing facilities in Oregon, Ireland, and Israel. This multi-year project will allow the chip giant to respond faster to market problems and the time it takes to increase supply by approximately 60%. These expansions are expected to begin in 2019. They will unfortunately not help with current 14 nm supply problems but can help if Intel is faced with a similar situation in the future.
“Intel is evolving from a PC to a data-centric enterprise in response to the incredible market demand for solutions that process, analyze, store and share information. As a result, we are now competing for an estimated total silicon market of $300 billion – a more diverse, higher-volume product line for a broader customer base. Intel is not just the CPU in a personal computer. We are the security features in your car, the wireless connection in your phone, the intelligence in the cloud and much more. Intel’s ability to optimize and apply our manufacturing expertise to offer more advanced and differentiated products is critical to our current and future success.
This year, we have raised our investment forecast and invested these funds in expanding our 14 nm production capacity to increase our offering. We also made significant progress on the previously announced Fab 42 program in Arizona and decided to locate the development of a new generation of memory and storage technology at our New Mexico facility. Looking ahead, we are in the initial planning phase for the expansion of production facilities in Oregon, Ireland and Israel, and construction is expected to begin in 2019.
These are some of the “hottest” statements from Dr. Ann B. Kelleher, Senior Vice President and General Manager of Manufacturing and Operations at Intel.