Intel has announced plans for an initial investment of more than $20 billion in the construction of two chip factories in Ohio, USA.
The investment will help boost production to meet the surging
demand for advanced semiconductors, powering a new generation of products
from Intel and serving the needs of foundry customers as part
of the company’s IDM 2.0 strategy.
Planning for the first two
factories will start immediately, with construction expected to begin late
in 2022. Production is expected to come online in 2025, when
the fab will deliver chips using the industry’s most advanced transistor
technologies. Ohio will be home to Intel’s first new manufacturing
site location in 40 years.
