New chip factories will be largest single private sector investment in Ohio history
The Ohio State University will join institutions of higher education across the state to support Intel’s landmark investment in Ohio.
Ohio State President Kristina M. Johnson is set to share a stage with Gov. Mike DeWine, Lt. Gov. Jon Husted, federal officials and leaders from Intel today as the company announced plans to invest more than $20 billion in the construction of two new leading-edge chip factories in the state.
“I know from experience that building a pipeline of highly skilled talent is critical to success in all industries, and my fellow trustees and I are excited to see Intel choose Ohio for this historic investment in jobs and opportunity,” said Gary Heminger, chair of the Board of Trustees. “Ohio State is well equipped to partner with Intel and the state’s higher education community to develop the skilled workforce and spearhead the 21st century research that will support this transformative development.”
The investment will help boost production to meet the surging demand for advanced semiconductors and support a new generation of innovation from Intel and its customers. The semiconductor factory will bring a new industry at scale for Ohio and the Midwest.
“Semiconductors make almost every facet of modern life possible – from computers and smartphones to cars and appliances – and they played an integral role in the technologies that enabled us to stay connected throughout the pandemic,” Johnson said. “They will also be integral to a wide range of applications in which Ohio State is actively involved from a research perspective, including artificial intelligence, quantum computing, vaccine development and more. So, it’s a natural fit for Ohio State, along with our fellow institutions of higher education, to partner on this game-changing investment in semiconductor manufacturing.”
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