Gelsinger is planning a fab complex in the United States which will be the size of a small city and cost between $60 billion and $120 billion.

Gelsinger wants a very large site, so six to eight fab modules, and at each of those fab modules, between 10- and $15 billion. It's a project over the next decade involving about $100 billion of capital, 10,000 direct jobs. 100,000 jobs are created because of those 10,000. So it want to build a little city, he said.

By the end of this year, Intel will sort out the US hub’s location, we guess depending on which US state is going to front up with enough sweeteners to have the Sim City built.

“We're engaging with a number of states across the United States today who are giving us proposals for site locations, energy, water, environmentals, near universities, skill capacity, and I expect to make an announcement about that location before the end of this year”, Gelsinger said.

He said the complex will incorporate between six and eight modules that will manufacture chips by employing the latest fabrication processes of the company. Furthermore, it will be capable of packaging chips by making use of Intel's propriety techniques such as EMIB and Foveros, and will operate a dedicated power plant.

Intel has not revealed which nodes the initial module of the latest facility will support but since it will probably be operational as early as 2024, the fab will likely manufacture chips by employing the Intel 4 and the Intel 3 manufacturing technologies. The production capacity of the new facility has also not been revealed yet.