Intel ramps up work on new Chandler chip factory, targets 2028 opening
Fab 62 will be Intel’s sixth major factory at the Ocotillo campus, part of a $20 billion expansion that stalled for more than a year over demand concerns.
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Intel is moving ahead with a new chip factory at its Ocotillo campus in south Chandler.
The company now expects the plant to start production by the end of 2028, after slowing the project for more than a year while it waited to confirm sufficient demand.
Construction and equipment installation are now under way, according to Intel.
The plant, known internally as Fab 62, will be the company’s sixth large-scale chip factory at the campus.
“Meeting demand requires scale,” Naga Chandrasekaran, Intel Foundry’s chief technology and operations officer, wrote in a company blog post announcing the timeline.
New fab joins Intel’s most advanced Arizona plant
The new plant will sit next to the factory Intel opened at the campus in 2025, which makes its most advanced chips, including Panther Lake processors for laptops.
The new Fab 62 will be part of a $20 billion expansion Intel began in 2021, the Phoenix Business Journal reported. Intel has not said how much the plant will cost or how many people it will employ.
Intel employed nearly 10,000 people in the Phoenix area as of October 2025, down from more than 12,000 in 2024, according to the Business Journal.






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