Intel this week highlighted plans to build two chip manufacturing facilities outside of Columbus, Ohio. The announcement is still early stages, involving the eventual allotment of $20 billion to construct the factories designed to tackle the ongoing global chip shortage — or at least address potential future issues.
The company sketched a rough timeline for the first factory, with planning beginning immediately and construction following before the end of the year. That facility would come online in 2025, marking its first new manufacturing site in 40 years. The project is set to span 1,000 acres of space, with enough room to fit up to eight chip factories, if things go as planned.
“Today’s investment marks another significant way Intel is leading the effort to restore U.S. semiconductor manufactur …
