2026.06.14
US Intel's Vietnam plant (Intel Products Vietnam, IPV) marked its 20th anniversary of operation on June 12, 2026, and the company announced an additional USD 2.6 billion investment. This brings its cumulative investment to USD 4.1 billion (up from USD 1.5 billion previously). Construction on this site began in 2006 in the Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City, and it has now grown into the largest back-end (assembly and test) site in Intel's global network, an example of a foreign investor settling in for 20 years and delivering results.
IPV broke ground at SHTP in 2006, and its workforce, which started at a few hundred, now stands at approximately 6,500. In total, it has produced more than 4 billion units of product, and its cumulative export value has reached more than USD 110 billion. The additional investment will lead to expanded back-end capacity in anticipation of demand for AI data centers.
IPV's shipment value grew from USD 10.31 billion in 2023 to USD 11.41 billion in 2024 and USD 11.67 billion in 2025, and 2026 is expected to reach a record USD 14.6 billion. It accounts for about 12% of Ho Chi Minh City's exports by itself. Vietnam has taken on the downstream part of the supply chain, assembly and testing, at the world's largest scale.
| Item | Description |
|---|---|
| Site | Intel Products Vietnam (SHTP, Ho Chi Minh City; construction began 2006) |
| Additional investment | USD 2.6 billion (bringing the cumulative total to USD 4.1 billion) |
| Employees | approximately 6,500 |
| Cumulative production | more than 4 billion units |
| Cumulative exports | more than USD 110 billion |
| Shipment value | USD 11.67 billion in 2025 -> expected USD 14.6 billion in 2026 |
| Contribution to HCMC exports | 12% |
The fact that the world's largest player has spent 20 years growing this site into one of its largest, and is now investing even more, is a sign that Vietnam is establishing itself as a core country for semiconductor back-end processes. This concentration of back-end activity generates demand in surrounding industries such as test equipment, materials, components, logistics, and labor. For Japanese semiconductor-related companies, this is a realistic opportunity to enter the supply chain near an assembly-and-test cluster, and also confirms that Vietnam is a market where long-term FDI pays off. This expansion phase, driven by AI data center demand, is a reason to bring forward the timing of related investment decisions.
Related reading:
-Samsung to build a 1.5 billion dollar semiconductor test plant in Vietnam, with operations starting in 2027
-HOYA to build new HDD glass substrate plant in Vietnam -- meeting AI data center demand
-Japan's Meiko begins construction of USD 500 million electronic circuit plant in Phu Tho Province
Source: The Investor／TNGlobal
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