THE Intel announced that it will build a new factory for large-scale production of chipsets in New Albany, in the state of Ohio, United States. This will be the largest semiconductor construction project in the world and will have a initial investment valued at over US$20 billion. The company intends to start building its new factory later this year for her. be fully operational by 2025.
In total, the manufacturer’s new plant will have more than 400 hectares and, initially, will have only two factories for the production of chips. However, the company has plans to expand to a total of eight factories on site, which, in addition to making the company’s SoCs, will also serve to support operations of partner companies of the Intel.
It is estimated that Intel’s new $20 billion project will generate approximately 3,000 direct jobs, as well as tens of thousands of other employees during the construction of the factories and the opportunities they will generate in the local economy.
Credits: Intel Disclosure
Intel also announced that it will make a an additional $100 million investment to partner with local Ohio State educational institutions. With this, the manufacturer intends to help guide and develop local talent, in addition to reinforcing various research programs throughout the region.
“Intel’s actions will help build a more resilient supply chain and ensure reliable access to advanced semiconductors for years to come. Intel is bringing capabilities and leadership capabilities back to the United States to strengthen the global semiconductor industry. These factories will create a new epicenter for advanced chip manufacturing in the US that will bolster Intel’s domestic lab-to-manufacturing pipeline and strengthen Ohio’s leadership in research and high technology.”
– Said Intel CEO Pat Gelsinger.
This investment from Intel is the same as the company’s main competitors, TSMC and Samsung, they are doing. The two companies also announced that they will, respectively, set up factories in Arizona and Texas to further increase research and development of new semiconductors in the future.
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