With $28 billion in facility-specific investment and 3,000 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →The semiconductors context.
Semiconductor fabrication plants, known as fabs, rank among the most capital-intensive industrial facilities ever built—often requiring $10–$30 billion and several years from groundbreaking to initial production. The CHIPS and Science Act of 2022 accelerated a U.S. construction cycle spanning advanced chip fabrication, legacy-node production, semiconductor equipment, packaging, and critical materials. These projects create long-term manufacturing footprints while attracting suppliers, infrastructure investment, and specialized technical work.
At a glance
- Company
- Intel
- Industry
- Semiconductors
- Location
- New Albany, Ohio
- Investment
- $28.00B
- Permanent jobs announced
- 3,000
- Status
- Under Construction
- Announced
- Jan 21, 2022
- Opening timeline
- Watchlist — Intel's last confirmed targets are Mod 1 construction completion in 2030 with operations beginning between 2030 and 2031, and Mod 2 construction completion in 2031 with operations beginning in 2032. Intel said it would continue construction at a slower pace while retaining flexibility to accelerate if customer demand warrants.
- Added to tracker
- Apr 15, 2025
Official references
- Intel's February 2025 Ohio One construction timeline update https://newsroom.intel.com/corporate/ohio-one-construction-timeline-update
- Intel's original Ohio site announcement https://www.intc.com/news-events/press-releases/detail/1521/intel-announces-next-us-site-with-landmark-investment-in
- NIST CHIPS Ohio location page https://www.nist.gov/chips/intel-corporation-ohio-new-albany