Computer chip maker Intel will reportedly be investing $20 billion to develop a new chip manufacturing site in New Albany, Ohio. Intel CEO Pat Gelsinger told TIME in an interview that the chipmaker expects the location to become “the largest silicon manufacturing location on the planet,” adding that the plant could expand to 2,000 acres. Gelsinger said that the new site could become the “Silicon Heartland.”
The Verge reports that chipmaker Intel will be spending $20 billion to construct a new chip manufacturing site in New Albany, Ohio, close to Columbus. The 1,000-acre manufacturing plant will contain two chip factories and will employ at least 3,000 people and “tens of thousands” more across suppliers and company partners.
Construction of the facility is set to begin this year, with the site becoming fully operational in 2025. Intel CEO Pat Gelsinger told TIME in an interview that the chipmaker expects the location to become “the largest silicon manufacturing location on the planet,” adding that the plant could expand to 2,000 acres. Gelsinger said that the new site could become the “Silicon Heartland.”
ntel is investing as much as $100 billion in the site over the next ten years and around $100 million as part of partnerships with Ohio universities, colleges, and the U.S. National Science Foundation to foster new talent.
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