Intel Inks $30 Billion Financing Partnership With Brookfield To Fund Manufacturing Expansion Intel Inks $30 Billion Financing Partnership With Brookfield To Fund Manufacturing Expansion Intel is taking a large step in expanding its manufacturing at a time when many in the market are counting the semiconductor company out. The former chip leader signed a $30 billion funding partnership with Brookfield Asset Management that will help finance its "massive factory expansion ambitions," a Tuesday morning report by the Wall Street Journal said. The deal could be the "first of many", according to the report, as Chief Executive Pat Gelsinger looks to make a manufacturing push over competitors based in Taiwan and South Korea. Intel will fund 51% of the cost of building new chip-making facilities in Arizona and will have a controlling stake in the financing entities that will own the factories. "Brookfield will own the remainder of the equity and the companies will split the revenue that comes out of the factories," Intel Chief Financial Officer David Zinsner told WSJ. Similar deals are often seen in energy and telecommunications, and are only now moving into semiconductors because of the industry''s growing need for expansion.