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Story summary
- Intel is completing tool installation at Fab 62 near Phoenix, Arizona.
- Intel installed the first major roof truss at its New Albany, Ohio chip-making site.
- Fab 62 is scheduled to start operations in early 2028.
- Intel is expanding into a semiconductor foundry role, producing chips for external customers.
- Intel plans to spend about $20 billion this year on new plants and equipment, far less than TSMC’s projected $60 billion.