Intel is spending $20 billion to build two new chip plants in Arizona

URLhttps://www.cnbc.com/2021/03/23/intel-is-spending-
SourceCNBC
Date Published03/23/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Intel Foundry Services
Parent companyIntel Corporation
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):20000
City reshored to:Chandler
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductors, chips
What non-domestic negative factors made offshoring less attractive?Intellectual property risk
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Other, Biden
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