has on $20bn semiconductor facility in Ohio, as part of its plans to invest $100bn in the US state over the next decade.
The groundbreaking ceremony was attended by US President Joe Biden, Ohio Governor Mike DeWine and other federal, state, and local officials.
The first phase will see offering $17.7m for eight proposals from institutions and collaborators in Ohio to develop semiconductor-focused education and workforce programmes.
Intel CEO Pat Gelsinger said: 鈥淭his marks a pivotal moment in the journey to build a more geographically balanced and resilient semiconductor supply chain.
鈥淭he 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.鈥�
The plant is expected to create 7,000 construction jobs and 3,000 long-term positions in engineering, and manufacturing space.
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By GlobalDataThe $20bn semiconductor facility is one of the first chip-making facilities in the country following the recently passed CHIPS and Science Act.
Intel had postponed the facility鈥檚 groundbreaking ceremony as its plans largely depended “on funding from the CHIPS Act鈥�, reported IANS via .
August, Biden had signed the $280bn tech and science bill and called it “a once in a generation investment in America itself.”
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Image: The plant is expected to create thousands of jobs in Ohio. Credit: .
