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The project is part of a more than $3 billion investment in the company’s global network over the next five years to accelerate breakthroughs in artificial intelligence chips.

Published Aug. 28, 2026

A model of Lam Research's new Oregon fab sits on a table during a groundbreaking ceremony. On Aug. 26, the company announced that it had begun work on the facility, which is part of a planned $3 billion investment in its global lab network.