Computer chip production returns to US
Computer chip maker Intel will reportedly be investing $20 billion to develop a new chip manufacturing site in New Albany, Ohio. Intel CEO Pat Gelsinger told TIME in an interview that the chipmaker expects the location to become “the largest silicon manufacturing location on the planet,” adding that the plant could expand to 2,000 acres. Gelsinger said that the new site could become the “Silicon Heartland.”
The Verge reports that chipmaker Intel will be spending $20 billion to construct a new chip manufacturing site in New Albany, Ohio, close to Columbus. The 1,000-acre manufacturing plant will contain two chip factories and will employ at least 3,000 people and “tens of thousands” more across suppliers and company partners.
Construction of the facility is set to begin this year, with the site becoming fully operational in 2025. Intel CEO Pat Gelsinger told TIME in an interview that the chipmaker expects the location to become “the largest silicon manufacturing location on the planet,” adding that the plant could expand to 2,000 acres. Gelsinger said that the new site could become the “Silicon Heartland.”
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Intel has multiple factories in the U.S. already, including in Oregon, New Mexico, and Arizona. The Ohio facility will be the first manufacturing expansion by Intel into a new state in over 40 years, according to the New York Times.
Intel has been massively increasing its investments in manufacturing capacity under the company’s new CEO, who previously announced a $20 billion expansion of the firm’s current Arizona complex.
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This looks like a site selection close to US auto manufacturing which has been slowed by a chip shortage in the last two years.
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