Well, you might just say that Intel’s Fab 28 is simply ‘Fab’-ulous!

Intel Corp. said Thursday that it plans to build a new 300-mm wafer fab in Israel, which it will design with 45-nm processes in mind.

The new Fab 28 will cost $3.5 billion, Intel estimates, and will be located in Kiryat Gat, Israel, which also houses Intel’s Fab 18. Construction of the new Fab 28 will begin immediately, Intel said. When completed, it will enclose approximately 200,000 square feet of clean room space, Intel said.

Fab 28 will be Intel’s second 45-mm wafer fab, in addition to Fab 32 in Chandler, Ariz., a $3.2 billion facility that Intel announced in July. The new Fab 28 will also be Intel’s seventh 300-mm wafer fab, which the company has built to increase its production output. Each wafer contains half again as much wafer area as an older 200-mm wafer. [Read the rest]