Intel announces plans for the 'largest silicon manufacturing location on the planet'

A rendering shows early plans for two new leading-edge Intel processor factories in Licking County, Ohio. Announced on Jan. 21, 2022, the $20 billion project spans nearly 1,000 acres and is the larges Rendering of Intel's upcoming processor factories in New Albany, Ohio. Source: Intel Corporation

On January 21, 2022, Intel appear plans for a mega-site chip factor in New Albany, Ohio, which is just outside of Columbus, Ohio. The site volition initially include two fleck factories but is big plenty to hold up to 8 chip factories on its one,000-acre lot. Intel will invest upward to $100 billion for the site over the next 10 years, including a $20 billion initial investment.

"Our expectation is that this becomes the largest silicon manufacturing location on the planet," said Intel CEO Pat Gelsinger to Fourth dimension.

The site is part of Intel's IDM 2.0 strategy, which includes making chips for other companies. Construction on the site is expected to offset in late 2022. Intel plans to showtime product at the fab (fabrication found) in 2025. The new mega-site should also help alleviate the ongoing global chip shortage.

In addition to producing chips, Intel highlights that the site will create thousands of jobs. Intel states that the project volition create 3,000 Intel jobs and 7,000 construction jobs during the edifice of the site. Tens of thousands of long-term jobs are expected past the project likewise, including employees of Intel's partners and suppliers.

"Intel's actions will assistance build a more than resilient supply chain and ensure reliable access to avant-garde semiconductors for years to come, said Gilsinger. "Intel is bringing leading capability and capacity back to the U.s.a. to strengthen the global semiconductor manufacture. These factories will create a new epicenter for avant-garde chipmaking in the U.S. that will bolster Intel'southward domestic lab-to-fab pipeline and strengthen Ohio'south leadership in research and high tech."

Intel besides announced plans to invest around $100 million over the adjacent decade in partnerships with universities and customs colleges in Ohio and the U.S. National Science Foundation.

Intel'due south confirmation of the new site came just a week after rumors emerged regarding a new Intel institute in Ohio.

The site in Ohio is only part of Intel's expansion of its scrap production. Last year, the company began structure of a new establish in Arizona as part of a separate $20 billion investment.

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