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January 24, 2022

Intel building $20B Ohio factory amid global computer chip shortage

  • Construction is expected to begin this year, with production coming online at the end of 2025.
    • By JOHN SEEWER and ANDREW WELSH-HUGGINS
    Associated Press

    COLUMBUS, Ohio — Chipmaker Intel said it will invest $20 billion to build a new factory in Ohio, an attempt to help alleviate a global shortage of chips powering everything from phones to cars to home appliances while also signaling the giant company's commitment to manufacturing crucial technology products in the U.S.

    The move could also create a new technology hub in central Ohio as related businesses that support chip manufacturing open new facilities and bring expertise to the region.


     
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