ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Semiconductors

Intel breaks ground on $20bn Ohio chip plants as Biden touts win over China

Chipmaker faces uphill battle for foundry market share against TSMC and Samsung

U.S. President Joe Biden attends the groundbreaking of the new Intel semiconductor manufacturing facility in Ohio.   © Reuters

PALO ALTO, U.S. -- Intel broke ground Friday on a $20 billion chip production complex in Ohio, a month after the passage of U.S. incentives meant to help the semiconductor industry better compete at home against Asian rivals like Taiwan Semiconductor Manufacturing Co. and Samsung Electronics.

Intel's two new chip fabrication plants will span nearly 1,000 acres in Licking County -- about 49 km outside Ohio's state capital of Columbus.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more