Intel Puts New Arizona Processor Plant On Hold Amid PC Slump
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Intel Corp., the world’s largest chipmaker, said it will delay opening a new factory in Arizona amid a slump in demand for personal-computer microprocessors, its main source of revenue.
The completed Chandler plant, called Fab 42, hasn’t been filled with chipmaking gear, Chuck Mulloy, a spokesman for Intel, said yesterday in a telephone interview. The Santa Clara, California-based company decided to first upgrade the three other factories on the site because they can use existing equipment, he said.