What simply occurred? Intel introduced a big revision to the development timeline of its Ohio One semiconductor manufacturing website in New Albany. The setback is the third substantial delay from the power’s authentic 2025 completion goal. Intel emphasizes its dedication to the venture and its skill to speed up development if market demand warrants.
The primary section of the power, often known as Mod 1, needs to be completed in 2030, with chip manufacturing starting between 2030 and 2031. The corporate’s revised timeline additionally impacts the venture’s second section, Mod 2, pushing it again to a 2031 completion date, with operations starting in 2032.
The Ohio One campus, as soon as dubbed the “Silicon Heartland,” is an formidable enterprise. It would span roughly 1,000 acres and embrace as much as eight semiconductor fabrication vegetation. The positioning will even accommodate help operations and business companions. Preliminary funding estimates have been round $20 billion, with potential for as much as $100 billion in complete improvement prices.
Regardless of the frequent delays, the positioning has made important development progress since work started in 2022. Key milestones embrace completion of the underground basis, graduation of above-ground development, set up of air separation models and underground piping, pouring over 200,000 cubic yards of concrete, and greater than 6.4 million hours of invested labor.
The revised timeline reveals that the Ohio services will make the most of course of applied sciences developed after Intel’s 14A and 14A-E nodes, at the moment scheduled for introduction in 2026-2027. These superior manufacturing processes will doubtless depend on ASML’s cutting-edge Excessive-NA EUV lithography instruments, costing round $350 million every.
Intel has already begun hiring and coaching workers for the Ohio facility. Employees are receiving coaching at current Intel websites in Arizona, New Mexico, and Oregon, making ready them for the eventual opening of the native facility.
Intel’s determination to delay the Ohio plant opening comes amid a difficult interval for the corporate and the semiconductor business. The previous yr has seen Intel grappling with monetary losses, layoffs, and management adjustments. The corporate has additionally made strategic selections to simplify its product roadmap, together with canceling an AI chip venture.
Whereas the delay could elevate issues about Intel’s outlook on future demand, it additionally permits the corporate to handle its capital expenditures extra successfully throughout market uncertainty. By suspending important investments in manufacturing gear, Intel can give attention to returning to profitability whereas sustaining the pliability to ramp up operations when market situations enhance.
