{"id":5089,"date":"2022-01-21T13:05:18","date_gmt":"2022-01-21T13:05:18","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/21\/intel-to-build-20-billion-chip-factory-in-ohio\/"},"modified":"2022-01-21T13:05:18","modified_gmt":"2022-01-21T13:05:18","slug":"intel-to-build-20-billion-chip-factory-in-ohio","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/01\/21\/intel-to-build-20-billion-chip-factory-in-ohio\/","title":{"rendered":"Intel to build $20 billion chip factory in Ohio"},"content":{"rendered":"

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Intel is reportedly planning to invest at least $20 billion to create a new processor facility near Columbus, Ohio, continuing chip companies’ moves to reduce dependency on other countries. <\/p>\n

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As Intel plans its own<\/a> new chips, and wants to make<\/a> Apple Silicon ones for Apple too, the company been working to expand its capacity. A plan to invest in China was reportedly blocked<\/a> by the White House, but now Intel is set to create a new plant in Ohio. <\/p>\n<\/div>\n

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According to the Wall Street Journal<\/em>, an unspecified source familiar with the plans said that the plant would create 3,000 new jobs<\/a>. <\/p>\n<\/div>\n

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The White House has commented that the plan helps strengthen US efforts to secure semiconductor supplies, and also that it shows how businesses need to avoid overdependence on particular sources. <\/p>\n<\/div>\n

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“The COVID-19 pandemic shined a spotlight on the fragility in the global semiconductor supply chain,” a White House spokesperson told the Wall Street Journal<\/em>. <\/p>\n<\/div>\n

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The news follows rival chip manufacturer TSMC’s work on a $12 billion processor plant in Phoenix, Arizona, in June 2021<\/a>. <\/p>\n<\/div>\n

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It’s not known when Intel expects to break ground on the new facility.<\/p>\n<\/div>\n<\/div>\n