Intel puts its new Arizona processor plant on hold

Intel has put on hold a new chip manufacturing facility at its site in Chandler, Arizona, leaving the new space available for unspecified future technology. The company said in February 2011 it was investing over US$5 billion in the new Fab 42, which was expected to be completed last year. The fab was to begin operations on a process that would allow the chipmaker to create transistors with a minimum feature size of 14 nanometers.