Intel Plans $20 Billion Factory in Ohio to Accelerate Domestic Chip Manufacturing
“A semiconductor factory is not like other factories. Building this semiconductor mega-site is akin to building a small city, which brings forth a vibrant community of supporting services and suppliers,” Esfarjani continued.Ohio is an ideal location for Intel’s U.S. expansion because of its access to top talent, robust existing infrastructure, and long history as a manufacturing powerhouse.
The company also says it expects other suppliers to pop up in the region to help support the new facility: In addition to Intel’s presence in Ohio, the investment is expected to attract dozens of ecosystem partners and suppliers needed to provide local support for Intel’s operations – from semiconductor equipment and materials suppliers to a range of service providers. Investments made by these suppliers will not only benefit Ohio but will have a significant economic impact on the broader U.S. semiconductor ecosystem.
“Intel’s actions will help build a more resilient supply chain and ensure reliable access to advanced semiconductors for years to come,” Gelsinger continued. “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.
CEO Gelsinger also plans to hold a dedicated press conference at 2:30 p.m. ET/ 11:30 a.m. PT on Friday to discuss the company’s plans for a “globally balanced” supply chain. Keyvan Esfarjani, Intel senior vice president and general manager of Manufacturing, Supply Chain and Operations will also be on the webcast, according to the
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