Intel is investing $20 billion to build two new chip manufacturing facilities in Ohio, with production expected to begin in 2025.
Intel has announced that it’s investing over $20 billion to build new chip manufacturing facilities in Licking Country, Ohio. Two new factories will be part of a “mega-site” spanning over 1,000 acres of land just outside of Columbus, but that’s just the beginning. Intel says this mega-site can accommodate up to eight of these factories, and the total investment could add up to over $100 billion in the next decade. For now, Intel has begun planning the first two factories, and construction is expected to begin towards the end of the year. However, production from these factories will likely only begin in 2025, if all goes according to plan. This is huge news for Intel, which is building its first manufacturing site in 40 years. Last year, Intel laid out its IDM 2.
