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Intel to open a mega plant in Ohio, the largest semiconductor project yet

American tech firm Intel will build a new large-scale chipset production plant in New Albany, Ohio.
Intel to open a mega plant in Ohio, the largest semiconductor project yet
Intel Ohio render

The largest semiconductor project yet

Upon completion, it will be the largest semiconductor project in the world with an initial investment valued at over USD 20 billion.
A massive site
A massive site

The mega-site will span over 400 hectares and will initially house two chip factories. The company also has a plan to extend it to over eight fabs in the future and the complex will also support operations and other Intel partner ecosystems.

It is estimated that the new site will initially bring 3,000 jobs and tens of thousands more construction jobs as well as long-term opportunities for the local economy.

Intel also has another USD 100 million to partner with Ohio educational institutions to help mentor and develop local talent and bolster research programs throughout the Midwest.

The press release said that the construction is expected to start later this year with plans to open in 2025.

The impact of this mega-site investment will be profound, said Keyvan Esfarjani, Intel senior vice president of Manufacturing, Supply Chain and Operations. A semiconductor factory is not like other factories. Building this semiconductor mega-site is akin to building a small city, which brings forth a vibrant community of supporting services and suppliers. Ohio is an ideal location for Intel's U.S. expansion because of its access to top talent, robust existing infrastructure, and long history as a manufacturing powerhouse. The scope and pace of Intel’s expansion in Ohio, however, will depend heavily on funding from the CHIPS Act.

Today's investment marks another significant way Intel is leading the effort to restore US semiconductor manufacturing leadership, said Pat Gelsinger, CEO of Intel. Intel's actions will help build a more resilient supply chain and ensure reliable access to advanced semiconductors for years to come. Intel is bringing leading capability and capacity back to the United States to strengthen the global semiconductor industry. 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.

Intel competitors TSMC and Samsung have also announced plans for chipset plants in the US set in Arizona and Texas.

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