Intel Revives Dormant Fabs to Tap Billions in Chip Packaging

Intel is aggressively scaling its advanced chip packaging business by reactivating closed factories, positioning itself to capture billions in revenue as major tech giants like Google and Amazon outsource custom chip fabrication. With AI driving explosive demand for specialized computing power, Intel's executives project packaging revenues exceeding $1 billion, making this business line crucial to the company's government-backed recovery. This strategic pivot allows Intel to compete with TSMC not on commodity production, but on specialized manufacturing services for next-generation chips.