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Intel breaks ground in Ohio for its new chipmaking facilities, announces $17.7 million for related education and research programs

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What you need to know

  • Intel broke ground today on its “Silicon Heartland” chipmaking factories near New Albany, Ohio.
  • Intel executives, federal, state, and local officials, and Ohio governor Mike DeWine were joined by U.S. President Joe Biden for the groundbreaking ceremony.
  • Intel also announced $17.7 million in funding for eight proposals spread out over Ohio research and education institutions.
  • This is part of Intel’s grand plan to invest more than $20 billion into the new chipmaking epicenter. 

Intel, joined by U.S. President Joe Biden, Ohio governor Mike DeWine, and numerous federal, state, and local officials, broke ground today on its new “Silicon Heartland” chipmaking facilities near New Albany, Ohio. Plans for the “largest silicon manufacturing location on the planet” were first announced January 2022, with the factories expected to begin production by 2025. Two factories are initially planned, although the 1,000-acre plot can theoretically hold up to eight factories.

Intel claims it will invest up to $100 billion into the project over the next decade, including an initial $20 billion investment. This mega-factory is a part of Intel’s IDM 2.0 strategy, wherein it will begin manufacturing processors for other companies rather than holding all chips under its own umbrella.

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