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- Intel is building two semiconductor plants and upgrading an existing one in Chandler, 30 minutes southeast of downtown Phoenix, with an $8.5 billion influx in CHIPS and Science Act funding1. The project will bring thousands of high-paying roles to the area1. The new facility will be 670,000 square feet and three times larger than the old facility2. A more advanced 3 nanometer-chip plant on the site could cost between $23 billion to $25 billion, and that investment in the Phoenix campus will roll out over 10 to 15 years3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.A fresh influx of $8.5 billion in CHIPS and Science Act funding to help Intel build two semiconductor plants and upgrade an existing one in Chandler, 30 minutes southeast of downtown Phoenix, is expected to bring thousands of high-paying roles to the area.www.nbcnews.com/business/economy/phoenix-ari…The project will be 670,000 square feet, and will bring the total number of semiconductor fabricator factories to six on the campus, according to Fox10 Phoenix. Dominic Greensmith, director of construction at Intel, told Fox10 Phoenix that the new facility would be three times larger than the old facility, once expansion is completed.www.constructiondive.com/news/intel-breaks-grou…Reuters has reported that a more advanced 3 nanometer-chip plant on the site could cost between $23 billion to $25 billion, and that investment in the Phoenix campus will roll out over 10 to 15 years.www.constructiondive.com/news/construction-of-12…
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