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

September 10, 2022
Source: nikkei.com nikkei.com
News Snapshot:
U.S. President Joe Biden attends the groundbreaking of the new Intel semiconductor manufacturing facility in Ohio. © Reuters YIFAN YU, Nikkei staff writer September 10, 2022 02:56 JST | U.S. Copy Copied 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...
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Tags: ASIA | Biden | capital | China | chip | facility | Gadgets & Electronics | Intel | manufacturing | Palo Alto | president | production | Reuters | Samsung | semiconductor | staff | Taiwan | U.S. | writer

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