Intel Investing $20 Billion to Build Two New Leading-Edge Chip Factories in Ohio

[Tsing]

Image: Intel



A new epicenter for advanced chipmaking is coming to the Midwest courtesy of Intel.



As explained in a press release shared by the company this morning, Intel will be investing more than $20 billion toward the initial development of two new chip factories in Licking County, Ohio, to help meet the surging demand for advanced semiconductors. This is the largest single private-sector investment in Ohio history.



“Today’s announcement is monumental news for the state of Ohio,” said Ohio Gov. Mike DeWine. “Intel’s new facilities will be transformative for our state, creating thousands of good-paying jobs in Ohio manufacturing strategically vital semiconductors, often called ‘chips.’ Advanced manufacturing, research and development, and talent are part of Ohio’s DNA, and we are proud that chips – which power the future – will be...

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[Riccochet]

Look at all those tiny cars.

 

[Burticus]

Ohio huh? Low taxes one assumes