Computer chip making returns to USA in a BIG way

Started by je_freedom, January 25, 2022, 11:11:55 AM

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je_freedom

Recently, Samsung announced that they will build a new
$17 billion chip factory 30 miles northeast of Austin Texas.

On January 21, Intel announced that they will build a new
$20 billion chip factory near Columbus Ohio.
The $20 billion is PHASE ONE of the project.
Total investment in the facility over the next 10 years
at the 1000 acre site is projected to be $100 billion.

This is in addition to Intel's new $20 billion chip factory
now being built in Chandler Arizona.

Intel considered sites in 40 states before choosing Ohio.
Lieutenant Governor Jon Husted said on a radio interview that
the reason Intel chose Ohio is that
all of the officials at every level, state and local,
were fully on board with the project.

Intel says they like to hire veterans.
For the last several years,
Ohio has been aggressively working to position itself
to be the most desirable state for veterans to retire.

Construction is slated to begin late this year.
Production is expected to begin in 2025.

Congress is now considering spending $52 billion on the CHIPS Act.
The Creating Helpful Incentives to Produce Semiconductors for America Act,
includes subsidies to build new chip factories,
and would establish a National Semiconductor Technology Center.

Intel says that they are comitted to the project in Ohio in any case,
but that the CHIPS Act would get the project fully built out faster.

The site is in Licking County, just inside Jersey Township,
two miles southwest of Johnstown, which is in Monroe Township.
It's two miles from Delaware County and Franklin County.

The site is bounded on the
West    by Clover Valley Rd
North    by Green Chapel Rd
East    by Mink St and
South    by Miller Rd.

The site was annexed by New Albany just before the deal was announced.

https://www.intel.com/content/www/us/en/newsroom/news/intel-announces-next-us-site-landmark-investment-ohio.html#gs.n5ghq2

https://www.cnbc.com/2022/01/21/intel-plans-20-billion-chip-manufacturing-site-in-ohio.html

https://www.msn.com/en-us/money/news/intel-e2-80-99s-e2-80-98mega-fab-e2-80-99-in-ohio-rings-alarm-bells-in-oregon/ar-AAT3VgA

(Most of Intel's chip manufacturing has been in Oregon for decades.
but Oregon has not been able to come up with
any site larger than 200 acres to build new facilities.)

https://www.theverge.com/2022/1/22/22895447/intel-ohio-chip-fab-manufacturing-cpu-processor-explained
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supsalemgr

Quote from: je_freedom on January 25, 2022, 11:11:55 AMRecently, Samsung announced that they will build a new
$17 billion chip factory 30 miles northeast of Austin Texas.

On January 21, Intel announced that they will build a new
$20 billion chip factory near Columbus Ohio.
The $20 billion is PHASE ONE of the project.
Total investment in the facility over the next 10 years
at the 1000 acre site is projected to be $100 billion.

This is in addition to Intel's new $20 billion chip factory
now being built in Chandler Arizona.

Intel considered sites in 40 states before choosing Ohio.
Lieutenant Governor Jon Husted said on a radio interview that
the reason Intel chose Ohio is that
all of the officials at every level, state and local,
were fully on board with the project.

Intel says they like to hire veterans.
For the last several years,
Ohio has been aggressively working to position itself
to be the most desirable state for veterans to retire.

Construction is slated to begin late this year.
Production is expected to begin in 2025.

Congress is now considering spending $52 billion on the CHIPS Act.
The Creating Helpful Incentives to Produce Semiconductors for America Act,
includes subsidies to build new chip factories,
and would establish a National Semiconductor Technology Center.

Intel says that they are comitted to the project in Ohio in any case,
but that the CHIPS Act would get the project fully built out faster.

The site is in Licking County, just inside Jersey Township,
two miles southwest of Johnstown, which is in Monroe Township.
It's two miles from Delaware County and Franklin County.

The site is bounded on the
West by Clover Valley Rd
North by Green Chapel Rd
East by Mink St and
South by Miller Rd.

The site was annexed by New Albany just before the deal was announced.

https://www.intel.com/content/www/us/en/newsroom/news/intel-announces-next-us-site-landmark-investment-ohio.html#gs.n5ghq2

https://www.cnbc.com/2022/01/21/intel-plans-20-billion-chip-manufacturing-site-in-ohio.html

https://www.msn.com/en-us/money/news/intel-e2-80-99s-e2-80-98mega-fab-e2-80-99-in-ohio-rings-alarm-bells-in-oregon/ar-AAT3VgA

(Most of Intel's chip manufacturing has been in Oregon for decades.
but Oregon has not been able to come up with
any site larger than 200 acres to build new facilities.)

https://www.theverge.com/2022/1/22/22895447/intel-ohio-chip-fab-manufacturing-cpu-processor-explained

Good news!  :thumbup:
"If you can't run with the big dawgs, stay on the porch!"

TboneAgain

Quote from: supsalemgr on January 25, 2022, 11:51:49 AMGood news!  :thumbup:
Yes it is.

Central Ohio has historically lacked any serious industrial base, tending instead to government and service industries. In Ohio we have our car towns, like Toledo, Cleveland, Akron, and (once) Dayton, and we have our steel towns like Youngstown, Mansfield, and even Portsmouth (a long time ago).

A $20 billion investment in a state with an annual budget of just over $122 billion is good news indeed.
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people. -- Tenth Amendment to the US Constitution

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