Intel strikes $30bn private equity partnership to fund Arizona plant expansion
Chip giant Intel has announced a partnership with Brookfield Infrastructure Partners, which will see the pair jointly invest $30 billion into expanding the firm’s Arizona plant. Expected to close by the end of the year, the deal is a first-of-its-kind Semiconductor Co-Investment Program (SCIP) and represents a new funding model in the capital-intensive semiconductor industry, [hellip The post Intel strikes $30bn private equity partnership to fund Arizona plant expansion appeared first on TechCentral.ie .
Intel strikes $30bn private equity partnership to fund Arizona plant expansion
Chip giant Intel has announced a partnership with Brookfield Infrastructure Partners, which will see the pair jointly invest $30 billion into expanding the firm’s Arizona plant. Expected to close by the end of the year, the deal is a first-of-its-kind Semiconductor Co-Investment Program (SCIP) and represents a new funding model in the capital-intensive semiconductor industry, [hellip The post Intel strikes $30bn private equity partnership to fund Arizona plant expansion appeared first on TechCentral.ie .