Intel Building $20 Billion Ohio Chip Facility Amid Global Shortage

Devi

Well-known Member
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East WA USA
Intel Building $20 Billion Ohio Chip Facility Amid Global Shortage
https://www.ntd.com/intel-building-20-billion-ohio-chip-facility-amid-global-shortage_730582.html

COLUMBUS, Ohio—Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in everything from phones and cars to video games, with plans to grow the massive development in the future, the company announced Friday.​

“A semiconductor factory is not like other factories,” Gelsinger said during a White House event. “It’s more like a small city supporting a vibrant community of services, suppliers, and ancillary businesses. You can think about this as a magnet for the entire tech industry.”​

This is fantastic news. It will make America less dependent on off-shore chip suppliers (and the need to have chips transported to our shores). The building of the facility will bring work to the area, and the facility itself will have jobs for workers. Excellent news.
 

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