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Economy
Jan 24, 2022

Intel to build world’ largest chip manufacturing site

Foreign Affairs News Desk
Headquarters at Santa Clara
Headquarters at Santa Clara

Intel is committing to building a new chip manufacturing plant that would be the largest in the world. 

Formerly known as N M Electronics, Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. Intel is best known for developing the microprocessors found in most of the world’s personal computers. It is the world’s largest semiconductor chip manufacturer by revenue, and is the developer of products used in most of the world’s electronic devices and the x86 series of microprocessors, the processors found in most personal computers.

According to a report in TIME, the company has plans to spend US $20 billion on a 1,000-acre site near Columbus, Ohio. The plants would create at least 3,000 jobs once it opens for operation in 2025.

This site would be Intel’s third major chip manufacturing location in the country, alongside locations in Arizona and Oregon. Intel reportedly considered 38 different sites in other states but ultimately decided on Ohio to establish “the Silicon Heartland.” 

The new manufacturing plant is part of a plan called IDM 2.0, which Intel introduced last year.