Intel (INTC) said it is planning to invest more than $28B in the construction of two new leading-edge chip factories in Ohio to boost production to meet demand for advanced semiconductors, power a new generation of innovative products from Intel, and serve the needs of foundry customers. Spanning nearly 1,000 acres in New Albany, Licking County, just outside of Columbus, the “mega-site” can accommodate a total of eight chip factories as well as supporting operations and ecosystem partners, the company said. Intel added that the initial phase of the new investment is expected to create 3,000 Intel jobs, 7,000 construction jobs, and support “tens of thousands” of additional local long-term jobs across a broad ecosystem of suppliers and partners.
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