Intel said it will spend at least $20 billion to build two computer chip factories in Ohio that it expects will become “the largest silicon manufacturing location on the planet.”
“Today’s investment marks another significant way Intel is leading the effort to restore US semiconductor manufacturing leadership,” saidIntel is also pledging to invest some $100 million over the next 10 years to partner with Ohio colleges and universities to develop curricula that will focus on semiconductors.The twin facilities — slated to be built just outside Columbus, Ohio — are also expected to create some 7,000 construction jobs.
Foreign governments provided American companies with so many incentives to build factories in places outside the US that the share of chips made in America fell from 37% in 1990 to just 12% today.“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.”
. The bill, which must be voted on in the House, would see the federal government invest some $52 billion in domestic chip manufacturing.
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