Intel said the same thing for Arizona as well. Initial $20B investment which could expand to $100B. So they are building it in two places. I wonder why they dont keep it all in Arizona? ( May be Tax Break, but I have no idea how Tax Break works in US )
And if you include their (expected) expansion in EUR, Intel is layering the foundation for Foundry Services. Compared to its half assed Custom Foundry in 2012/2013 with little to zero CapEx increase. Foundry Services 2.0 is very real.
Note: Investor Notes from ASML are also interesting, suggesting Intel may be ahead in terms of High-NA EUV orders. Initial shipment expected in 2023.
And if you include their (expected) expansion in EUR, Intel is layering the foundation for Foundry Services. Compared to its half assed Custom Foundry in 2012/2013 with little to zero CapEx increase. Foundry Services 2.0 is very real.
Note: Investor Notes from ASML are also interesting, suggesting Intel may be ahead in terms of High-NA EUV orders. Initial shipment expected in 2023.