Intel’s $3 billion factory expansion opens in key comeback step

Intel’s $3 billion factory expansion opens in key comeback step

Bloomberg: Intel Corp announced the opening of a $3 billion extension to its D1X plant in Oregon, an investment aimed at speeding up technology development needed to regain leadership of the chip industry.

The biggest maker of computer processors reiterated its plan to have better production technology than rivals by 2025 and have its factories reach parity a year earlier than that.

The 270,000-square-foot extension, an increase of 20% to the D1X facility, demonstrates the chipmaker’s willingness to spend up front to accelerate the use of more advanced production techniques, according to Sanjay Natarajan, an Intel senior vice president. D1X, effectively a giant lab, is now more capable of developing multiple methods of manufacturing in parallel and transferring them to its mass production counterparts within Intel’s network, he said.