Question · Q3 2025
Thomas Robert Diffely asked how much of the increased $7 billion investment for the Arizona facility is due to extra capacity versus rising construction costs. He then followed up by asking how much of the $950 million CapEx forecast for 2025 is specifically allocated to Arizona.
Answer
President and CEO Giel Rutten clarified that the increased investment is exclusively related to planned capacity expansion, including a larger land area and a second facility, not higher construction costs. CFO Megan Faust confirmed that the increase in the 2025 CapEx guide to $950 million was driven by increased visibility for Arizona spending, and the *increase* itself was entirely for Arizona.