{"id":5053,"date":"2022-01-21T11:17:09","date_gmt":"2022-01-21T11:17:09","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/21\/intel-to-build-20-billion-chip-manufacturing-facility-in-columbus-ohio\/"},"modified":"2022-01-21T11:17:09","modified_gmt":"2022-01-21T11:17:09","slug":"intel-to-build-20-billion-chip-manufacturing-facility-in-columbus-ohio","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/21\/intel-to-build-20-billion-chip-manufacturing-facility-in-columbus-ohio\/","title":{"rendered":"Intel to build $20 billion chip manufacturing facility in Columbus, Ohio"},"content":{"rendered":"

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In brief:<\/strong> Intel is set to announce plans to build a $20 billion chip manufacturing complex in New Albany, on the outskirts of Columbus, Ohio, as the company looks to lessen US reliance on foreign chipmakers while putting long-term strategies in place to combat the chip shortage. <\/p>\n

The Columbus site, part of Intel’s IDM 2.0 strategy, will initially consist of two chip factories on the 1,000-acre plot and directly employ 3,000 people. The New York Times<\/a> writes that it will also create additional jobs in construction and nearby businesses.<\/p>\n

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Intel said construction on the site would begin this year, and the plant should be operational by 2025. The company has the option to expand to 2,000 acres and up to eight fabs. \u201cOur expectation is that this becomes the largest silicon manufacturing location on the planet,\u201d Intel CEO Pat Gelsinger told Time<\/a>. \u201cWe helped to establish the Silicon Valley,\u201d he said. \u201cNow we\u2019re going to do the Silicon Heartland.\u201d<\/p>\n

Gelsinger, who recently proclaimed AMD \u201cis in the rearview mirror<\/a>\u201d following Alder Lake\u2019s release, has long warned against relying too much on Taiwanese chip manufacturing (TSMC, specifically) in the face of increasing aggression from China in the region. “Beijing sent 27 warplanes to Taiwan’s air defense identification zone […] Does that make you feel more comfortable or less?” he said in December. The CEO has also called for the US government to spend the $52 billion it has set aside for semiconductor funding exclusively on domestic companies.<\/p>\n