Intel has kicked off work on the new $20 billion semiconductor plant in the Ohio state in US, as President Joe Biden joined the chip-maker and Ohio Governor Mike DeWine to celebrate breaking ground in the “Silicon Heartland” on the world’s most advanced chipmaking facilities.
The chip plant is part of Intel’s plans to invest $100 billion in Ohio over the next 10 years.
“Today marks a pivotal moment in the journey to build a more geographically balanced and resilient semiconductor supply chain,” said, Pat Gelsinger, Intel CEO.
“The establishment of the Silicon Heartland is testament to the power of government incentives to unlock private investment, create thousands of high-paying jobs, and benefit U.S. economic and national security,” he said in a statement.
During 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.