What we know about Intel’s $20 billion bet on Ohio

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What we know about Intel’s $20 billion bet on Ohio
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On Friday, Intel announced it would build the “largest silicon manufacturing location on the planet” here in the United States, on a 1,000-acre plot of land in New Albany, Ohio. There’s more to it than that.

On Friday, Intel announced it would build the “largest silicon manufacturing location on the planet” here in the United States, on a 1,000-acre plot of land in New Albany, Ohio.

Remember how Intel’s hoping for a federal subsidy to help build out the Ohio fabs? There’s one waiting in the wings — Last April, Biden called for federal funding to ease the semiconductor shortage, and the Senate answered in June, passing a bill that would provide $52 billion for domestic semiconductor manufacturing in the United States. But it never passed the House of Representatives.

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