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Intel Initiates $20 billion Semiconductor Plant

In order to accelerate the semiconductor industry, Intel has initiated a new $20 billion semiconductor plant in Ohio. The agenda of Intel is to invest $100 billion in Ohio over the next 10 years.

Intel Semiconductor PlantDuring the first phase, Intel is providing $17.7 million for eight proposals from leading institutions and collaborators in Ohio to develop semiconductor-focused education and workforce programmes.

The semiconductor manufacturing site will generate 7,000 construction jobs and 3,000 long-term positions in manufacturing and engineering.

The $20 billion semiconductor plant is one of the first domestic chip-making facilities after the recently passed CHIPS and Science Act.

Intel had previously delayed the plant’s groundbreaking ceremony because its plans largely relied “on funding from the CHIPS Act.


Nitisha Dubey

I am a Journalist with a post graduate degree in Journalism & Mass Communication. I love reading non-fiction books, exploring different destinations and varieties of cuisines. Biographies and historical movies are few favourites.

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