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Intel Breaks Ground on $20-Billion Arizona Plants as US Chip Factory Race Heats Up

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3 years ago

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Intel Breaks Ground on -Billion Arizona Plants as US Chip Factory Race Heats Up

Intel broke ground on two new plants in Arizona on Friday as part of its transformation plan to become a major chip manufacturer for external customers.

This $20 billion factory-known as Fab 52 and Fab 62-will bring Intel’s total number of factories in the Chandler campus in Arizona to six. They will use Intel’s most advanced chip manufacturing technology, and in the effort of the Santa Clara, California-based company to regain its lead in manufacturing the smallest and fastest chips by 2025 after falling behind rival TSMC. Play a central role.

The new Arizona plant will also be the first plant Intel has built from the ground up to reserve space for external customers. Intel has been manufacturing its own chips for a long time, but its turnaround plan calls for taking on work for external companies such as Amazon’s cloud division Qualcomm and deepening its manufacturing relationship with the US military.

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“We want more flexibility in the supply chain,” Intel CEO Pat Gelsinger said in an interview with Reuters. He attended the White House’s talk on global chip shortages earlier this week. Meeting. “As the only company in the United States that can perform the most advanced photolithography process in the world, we will make great strides forward.”

Gelsinger said that it is too early to say how much capacity the new plant will leave to external customers. He said these factories will produce “thousands” of wafers every week.

Wafers are silicon disks for manufacturing chips, and each silicon disk can hold hundreds or even thousands of chips.

According to previous reports by Reuters, Intel’s rival TSMC also bought land to build its first US campus in Phoenix, which is not far from Intel’s location, where TSMC plans to set up as many as six chip factories.

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Gelsinger said that Intel plans to announce another US campus site before the end of this year, which will eventually have eight chip factories.

News Source : Backtrack

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SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad

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2 months ago

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November 6, 2024

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SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad

SpiceJet expands its domestic network with 8 new flights that will connect Jaipur with Varanasi, Amritsar and Ahmedabad and also link Ahmedabad with Pune.

SpiceJet is further expanding its domestic network with the launch of eight new flights starting November 15.

In the statement released on Wednesday, the airline announced that these new routes will connect Jaipur with Varanasi, Amritsar and Ahmedabad, while also linking Ahmedabad with Pune. This expansion follows the recent launch of 32 new flights in October 2024, including two international flights connecting Delhi with Phuket.

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Last month, SpiceJet also commenced UDAN flights linking Shivamogga in Karnataka with Chennai and Hyderabad, and introduced double daily flights between Chennai and Kochi, enhancing connectivity across key regional and metropolitan cities.

“We are excited to announce the launch of new flights from Jaipur to Varanasi, Amritsar, and Ahmedabad, as well as from Ahmedabad to Pune, providing our passengers with greater flexibility and convenience,” SpiceJet Chief Business Officer Debojo Maharshi said.

“These new flights reflect our commitment to supporting passenger demand across tier-II cities and beyond. With our expanded winter schedule, including international and UDAN routes, we aim to provide our customers with greater convenience, affordability, and seamless travel experiences,” Maharshi added.

SpiceJet will deploy its 78-seater Q400 aircraft in these sectors. Bookings for the new flights are now open and tickets are available at the website of the airline, SpiceJet’s mobile app and through online travel portals and travel agents.

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On Monday, the airline received a significant boost, with Acuite Ratings & Research Limited upgrading its long-term rating by four notches to ‘B ‘ and its short-term rating to A4. The rating agency has also assigned a ‘Stable’ outlook to the airline.

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