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

Intel plans $20bn 'megasite' in Ohio in chip race with TSMC

1,000-acre plot has potential for 8 factories, CEO Gelsinger says

A rendering of two planned Intel chip fabrication factories, or fabs, in Licking County, Ohio. (Photo courtesy of Intel)

PALO ALTO, U.S. -- Intel announced Friday an investment of more than $20 billion to build two new chip plants in the U.S. state of Ohio as competition heats up with Taiwan Semiconductor Manufacturing Co. and Samsung Electronics, which have each committed billions of dollars to capacity expansion this year.

Sponsored Content

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

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