Intel said on Jan. 21, 2022 that it will build a $20 billion semiconductor complex outside Columbus, Ohio.
The site in New Albany will start with two chip factories. It is Intel’s first new manufacturing site in 40 years, and Ohio Gov. Mike DeWine called it the largest private investment in state history.
Key details
- The White House said the project will create 7,000 construction jobs and 3,000 permanent jobs.
- Construction was set to begin in 2022, with first chips by 2025.
- The site could grow to eight factories and $100 billion in investment over a decade, including suppliers.
- The USA makes about 12% of the world’s chips, down from 37% in the 1990s, according to industry figures cited by USA Today.
Intel CEO Pat Gelsinger said the CHIPS Act would let the company build the site “bigger and faster.”
“As a country we cannot rely solely on imports for such essential technology.”
Pat Gelsinger, CEO, Intel
FAQ
Where is the plant?
In New Albany, Ohio, outside Columbus.
How much is Intel investing?
$20 billion to start.
When were chips expected?
By 2025.
Source & credit
Source: USA Today, Jan. 21, 2022, by Joey Garrison and Mark Williams: “‘This is just the beginning,’ Biden says as Intel plans $20 billion semiconductor complex in Ohio amid chip shortage”.
Also: The White House, March 4, 2022: “FACT SHEET: Biden-Harris Administration Delivers on Made in America Commitments”.