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Intel to splash $20 billion on state-of-the-art chip factory the size of a village

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Intel says the new facility will become a ‘new epicenter for advanced chipmaking in the US’.
Intel has announced it will spend $20 billion on a new bleeding-edge chip manufacturing campus in Ohio, USA. The 1,000-acre “mega-site” will house up to eight separate fabs and create roughly 3,000 permanent jobs, which would make it one of the largest chip manufacturing facilities in the world. Intel says planning for the first two factories will begin with immediate effect, and expects ground to be broken later this year. Assuming there are no unexpected delays, chip production should begin in 2025. As the US looks to onshore larger portions of the semiconductor supply chain amid rising tensions with China (which claims ownership of Taiwan, home to market leader TSMC), the new Intel mega-facility will be of significant strategic importance. And while the factories won’t go online for a number of years yet, the additional capacity created by the new campus will also help address the ever-rising demand for chips.

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