Hardware ManufacturerNew Mexico

Intel Rio Rancho

Hardware Manufacturer · Rio Rancho, NM

Semiconductor manufacturing site (Fab 9 advanced packaging, Fabs 11/11X); over $3.5B in modernization investment since 2021, though it absorbed 227 layoffs (~7% of the NM workforce) in mid-2025 under CEO Lip-Bu Tan's cost cuts.

Founded

Region

New Mexico

Investors

People

About New Mexico

New Mexico runs on two national laboratories most of the country only half-remembers exist: Los Alamos, where the first nuclear weapons were designed and where Triad National Security now holds the management contract, and Sandia in Albuquerque, run by Honeywell's NTESS since the contract moved off Lockheed Martin in 2017. Descartes Labs, a satellite-imagery and geospatial-AI company headquartered in Santa Fe, was founded by scientists who left Los Alamos to build it -- the exact same lab-to-company pattern that built San Antonio's cyber cluster and Tampa's CENTCOM-adjacent defense firms, playing out here around physics instead of signals.

Region Stats

Total firms 10

VC / investors 1

Companies 7

Schools 2

Known For

National Labs

Defense

Geospatial AI