What we know about Intel’s $20 billion bet on Ohio — and US manufacturing

the “largest silicon manufacturing location on the planet” here in the United States, on a 1,000-acre plot of land in New Albany, Ohio.

It could become Ohio’s version of California’s Silicon Valley, several suggested. The phrase “Silicon Heartland” was uttered at least eight times across two livestreams.which has been clawing its way back from the brink of potential irrelevance “If there’s a concrete truck in the state of Ohio that’s not working for me next year, I want to know about it,” joked Gelsinger on the call.The rest of Intel’s promises are fuzzier — like the idea that the Ohio site might wind up housing eight fabs instead of just two. “At full buildout, the total investment in the site could grow to as much as $100 billion over the next decade, making it one of the largest semiconductor manufacturing sites in the world,” reads Intel’s press release.

Ohio Lieutenant Gov. Jon Husted sings Intel’s praises, suggesting other Ohio companies will also benefit.How could any of that solve today’s chip shortage, car prices, and inflation?, leading chipmakers agree it’s slated to ease in the second half of 2022, and this plant won’t be operating until 2025 at the earliest. “Given this fab goes online in 2025 it won’t have any impact on the current chip crisis,” says Moor Insights & Strategy analyst Pat Moorhead..

This is to avoid huwai from making chips that U.S. government think that China is using to spy on us, which they're not. It's called internet. It's going to end up costing more just because we want it made in America.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Intel to build massive $20 billion chip manufacturing plant in Ohio'Our expectation is that this becomes the largest silicon manufacturing location on the planet,' Intel's CEO told Time. Like. This is necessary because of HyperCapSoc. NICs guarantees no geopolitical instability in Asia or elsewhere and Covid will be easily eradicated by tracking of our L&Ls. in chip making, labor is an immaterial cost component. why would American chip makers ever contemplate building factories abroad in the first place?
Source: axios - 🏆 302. / 63 Read more »

Intel Plans $20 Billion Factory in Ohio to Help Chip ShortageThe chip shortage has forced tech companies to re-evaluate their overseas supply chains. Fully Automated.. *whew* I thought that said “incel” at first. Last thing Ohio needs is $20B in incels. Oh good, so cryptomining and scalpers will have even more stock to exploit...
Source: Gizmodo - 🏆 556. / 51 Read more »

Governor: 20,000 jobs, historical $20 billion investment coming to Ohio as part of Intel manufacturing plants projectGovernor: 20,000 jobs, $20 billion investment coming to Ohio as part of future Intel manufacturing plants
Source: cleveland19news - 🏆 70. / 68 Read more »

Intel to invest up to $100 bln in Ohio chip plantsIntel Corp said on Friday it would invest up to $100 billion to build potentially the world's largest chip-making complex in Ohio, as it looks to boost capacity amid a global shortage of semiconductors used in everything from smartphones to cars.
Source: Reuters - 🏆 2. / 97 Read more »

Intel Is Investing $20 Billion Towards a Massive New Semiconductor PlantIntel is set to invest $20 billion into a massive new semiconductor chip manufacturing site near Columbus, Ohio.
Source: IntEngineering - 🏆 287. / 63 Read more »

Intel plans $20 bln chip manufacturing site in Ohio - sourcesIntel Corp on Friday is set to announce it will invest $20 billion in a massive new manufacturing site near Columbus, Ohio to develop and manufacture advanced semiconductor chips, sources briefed on the matter told Reuters.
Source: Reuters - 🏆 2. / 97 Read more »