One-Year Anniversary of Intel’s Ohio Announcement

This week marks the first anniversary of Intel’s historic announcement that it will invest tens of billions of dollars to build leading-edge semiconductor factories in Ohio. (See the OMA’s “Intel in Ohio” page.)

Lt. Gov. Jon Husted this week told ABC 6 in Columbus that site prep is nearly complete and construction of the factories is on track to start this winter. But federal funding, aimed at expediting the project, had not yet arrived.

At this week’s World Economic Forum, Intel CEO Pat Gelsinger said passage of the federal CHIPS Act was a “turning point” in global competition with China and critical to U.S. manufacturing. As reported by Fox Business, he emphasized the importance of America’s technology leadership to make supply chains more resilient. 1/19/2023

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