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
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 (Image credit: Intel Corporation)

What you need to know

  • Intel announced plans for two chip factories in New Albany, Ohio, which is near Columbus.
  • Up to $100 billion could be invested in the site over the next ten years, including an initial investment of $20 billion by Intel.
  • The 1,000-acre site is large enough to hold eight chip factories and is expected to start production in 2025.

On January 21, 2022, Intel announced plans for a mega-site chip factor in New Albany, Ohio, which is just outside of Columbus, Ohio. The site will initially include two chip factories but is large enough to hold up to eight chip factories on its 1,000-acre lot. Intel will invest up to $100 billion for the site over the next ten 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 TIME.

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 start in late 2022. Intel plans to start production at the fab (fabrication plant) 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 will create 3,000 Intel jobs and 7,000 construction jobs during the building of the site. Tens of thousands of long-term jobs are expected by the project as well, including employees of Intel's partners and suppliers.

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

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

Intel's confirmation of the new site came just a week after rumors emerged regarding a new Intel plant in Ohio.

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

Sean Endicott
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Sean Endicott brings nearly a decade of experience covering Microsoft and Windows news to Windows Central. He joined our team in 2017 as an app reviewer and now heads up our day-to-day news coverage. If you have a news tip or an app to review, hit him up at sean.endicott@futurenet.com (opens in new tab).

4 Comments
  • This is huge for the U.S. and the rest of the world reducing dependency on Taiwan. I should probably buy some Intel shares now.
  • I don't know why you'd make a stock pick based on something like this. If anything, Intel's market share is going to continue to fall. There's nowhere else to go but down.
  • From the TIME article: "To create a more reliable supply of chips, the federal government is weighing providing incentives for chip makers in the U.S. The CHIPS for America Act, passed last year, authorized federal investments in chip manufacturing, but it did not provide funding. The Senate passed $52 billion in funding in June, but the House has not passed the legislation." It's almost like these multi-hundred-billion-dollar companies don't need money from the government to build new chip factories. In any case this is welcome news. This isn't just about the Covid supply issues, it's also about Intel having a fire lit under its butt by Apple, AMD, Arm and others.
  • Those companies don't need various incentives but they'll take them if it makes economic and strategic sense to invest.