How to pronounce fab:
Fabulous (great or spectacular).
A manufacturing plant which fabricates items, particularly silicon chips.
Example: "The chip fab will double its production next year."
To fabricate, especially in the context of fabbers
Example: "It uses digital data from a computer to “fab” products and models of new products. http//www.ennex.com/~fabbers/publish/fab-ulous.asp"