Biden To Break Ground on Ohio Intel Factories

President Joe Biden will cut the ribbon at the Intel factory groundbreaking in Ohio next month.

Seven months after Intel unveiled plans to invest $20 billion in the construction of two semiconductor factories in Ohio, President Joe Biden will cut the ribbon at the groundbreaking next month, the White House and the Santa Clara, Calif.-based chip giant said.

“The President will deliver remarks on rebuilding American manufacturing through the CHIPS and Science Act and the Bipartisan Infrastructure Law at the groundbreaking of the new Intel semiconductor manufacturing facility,” the White House advisory said.

No further details on the president‘s trip scheduled for Sept. 9 have been released.

Intel has said preliminary work on the site commenced nearly two months ago.

Biden Thursday signed an executive order to implement the $280 billion spending package for the CHIPS and Science Act of 2022. The bipartisan legislation is the result of more than a year of work by lawmakers and the White House to fill acute semiconductor shortages and build more resilient semiconductor supply chains.

[RELATED: BIDEN INKS EXECUTIVE ORDER TO KICKSTART $280B CHIPS ACT]

The historic funding and incentives in the law aim to rebuild the nation’s supply chains, manufacturing and infrastructure.

[RELATED: INTEL VP: CHIPS ACT WILL ACCELERATE SEMICONDUCTOR MANUFACTURING IN THE U.S.]

William Wu, high-performance computing and artificial intelligence data center hardware products vice president at Fremont, Calif.-based Penguin Computing, said Intel’s Ohio project is significant because the U.S. should not be left behind when it comes to chip manufacturing.

“We have to repatriate some of the manufacturing effort that‘s currently overseas as a starting point,” he told CRN. “We will actually be having chip manufacturing [done] domestically in the United States, as opposed to overseas, predominantly in Taipei, Taiwan.”

Intel has pledged to build a pair of factories at the 926-acre site in central Ohio‘s Licking County. The project has the potential to be one of the biggest semiconductor sites in the world with a total investment of $100 billion.

Ohio Gov. Michael DeWine said it will be the largest single private sector company investment in the state’s history.

It is expected to generate more than 20,000 jobs, including 3,000 Intel jobs with an average of $135,000 annually, 7,000 construction jobs, and tens of thousands of additional indirect and support jobs including contracted positions, electricians, engineers, and jobs in restaurants, health care, housing, entertainment and more.