(
FABrication) A manufacturing plant that makes semiconductor devices. Many chips are created by "fabless" companies that take their tested designs to a fab for production, also called a "foundry. The U.S. has about 10-12% of the fabs in the world. See
foundry.
Be the First on Your Block
You too can be a chip maker. All it takes is roughly USD $2 billion to build a state-of-the-art facility. See
process technology.