Intel Invests in Ohio

Intel announces plans for an initial investment of more than $20 billion for two new chip factories in Licking County, Ohio.

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Intel has announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Licking County, Ohio. The investment will help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers as part of Intel’s IDM 2.0 strategy

As the largest single private-sector investment in Ohio history, the initial phase of the project is expected to create 3,000 Intel jobs, 7,000 construction jobs over the course of the build, and support tens of thousands of additional local long-term jobs across a broad ecosystem of suppliers and partners.

To support the development of the new site, Intel pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region.

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Intel Announces Next US Manufacturing Site: Ohio

Intel announces plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio. Spanning nearly 1,000 acres in Licking County, just outside of Columbus, the “mega-site” can accommodate a total of eight chip factories – also known as “fabs” – as well as support operations and ecosystem partners. The initial phase of the project is expected to create 3,000 Intel jobs and 7,000 construction jobs over the course of the build. (Credit: Intel Corporation)

Intel Adds Ohio as Next US Manufacturing Site in US

On Jan. 21, 2022, Intel announced plans add Ohio as its newest manufacturing site. The company plans an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Licking County, Ohio -- near the City of Columbus. As the largest single private-sector investment in Ohio history, the initial phase of the project is expected to create 3,000 Intel jobs and 7,000 construction jobs over the course of the build, and to support tens of thousands of additional local long-term jobs across an ecosystem of suppliers and partners. Spanning nearly 1,000 acres, the “mega-site” can accommodate a total of eight chip factories. At full buildout, the total investment in the site could grow to as much as $100 billion over the next decade, making it one of the largest semiconductor manufacturing sites in the world. (Credit: Intel Corporation)

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Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

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