Intel said it has installed the first major structural truss at its large chip manufacturing site in New Albany, Ohio, moving the project into a new phase of construction. The facility had originally been scheduled to begin production in 2025, but its completion timeline has now shifted to 2030, a delay of at least five years from the original plan. Naga Chandrasekaran, who leads Intel’s foundry business, said in a post on the company’s website that the milestone marks another step in expanding leading semiconductor capacity in the United States. Intel also still needs customers to secure returns on the investment. CNBC reported that SK Hynix, a leading producer of high-bandwidth memory, may work with Intel as early as September by leasing part of the foundry space at the site to make memory chips, though neither company has confirmed the plan. The Ohio project is part of Intel’s broader push to expand chip manufacturing for external customers.
Intel said it has completed installation of the first major structural truss at its large chip manufacturing plant in New Albany, Ohio, marking a new stage in construction.
The facility had originally been planned to start production in 2025. It is now expected to be completed in 2030, putting the project at least five years behind the original schedule.
Naga Chandrasekaran, head of Intel’s foundry business, wrote on the company’s website that the milestone is another important step in expanding leading semiconductor capacity in the United States. Intel still needs customers to ensure returns on the investment.
According to CNBC, SK Hynix, a leading global maker of high-bandwidth memory, may cooperate with Intel in September by leasing part of the foundry space at the plant to produce memory chips. Neither side has confirmed the plan.
The factory is part of Intel’s expansion plan aimed at manufacturing chips for external customers.
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