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Reading Time: 2 minutesIntel announced late last week that it would be building the “largest silicon manufacturing location on the planet”. It’ll be springing up in New Albany, Ohio. The sprawling 1,000-acre complex will boast two fabrication plants. It’ll cost up to $100 billion and won’t be up and running until 2025.
There’s still a lot we don’t know about the new facility. There are plenty of rumors floating around that aren’t quite accurate. For example, Intel’s investment in Ohio likely won’t help with the chipset shortage in the automotive sector. That’s because the company doesn’t currently manufacture that type of silicon. Automotive chips might be produced at the factory when it’s completed in 2025. For now, Intel is keeping its cards close to its chest.
Much of Intel’s plan for the site is still unannounced. Still, we do know it’ll manufacture highly efficient 2nm chips and other cutting-edge technologies. Until it’s completed, however, the ongoing chipset shortage will continue to pose issues.
How Will Intel’s Silicon Factory Impact the Price of Electronics?
Unfortunately, it’s unclear when the first batch of chipsets will be rolling out the doors of the new plant. The company is shooting for a 2025 opening. But that doesn’t mean the facility will be staffed and running at full capacity within the year – or that the project will remain on schedule.
It’s also unclear how this influx of chipsets will impact the price tag of your favorite electronics – but we’re hopeful the increased supply will lead to improved availability and lower prices for today’s hottest gadgets. For now, however, the heightened prices and scarcity will continue. The outlook for cars is even more nebulous, as there’s no indication as to whether Intel will be producing chipsets for vehicles at the new location.
While we’re still a few years away from seeing the true impact of Intel’s investment, there’s a lot to be excited about. Electronics are only becoming more popular, and the demand for semiconductors isn’t going away anytime soon. Intel’s upcoming facility might not be able to help with today’s shortage, but analysts are hopeful it’ll prevent a similar issue from occurring in the future.
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Jon Bitner
Jon is a freelance writer who primarily focuses on topics related to video games, science, medicine and technology. Before starting his career as a writer he worked in the Biotechnology industry. He has a degree in Biology, and when he isn't writing he can usually be found traveling, playing video games or hunting down the latest deals.