As stated by Intel ·
"More than $28 billion" for the construction of two new leading-edge chip factories at Ohio One; not specific to Mod 1.
Intel (newsroom) sourceNew Albany · Ohio · United States
Intel's Ohio One site in New Albany is planned for two leading-edge fabs. In February 2025 Intel moved construction completion of the first fab (Mod 1) to 2030, with operations between 2030 and 2031, and of Mod 2 to 2031; in October 2026 it reported installing the first major structural truss on the first fab.
As stated by Intel ·
"More than $28 billion" for the construction of two new leading-edge chip factories at Ohio One; not specific to Mod 1.
Intel (newsroom) sourceIntel's Ohio One site in New Albany is planned for two leading-edge fabs. In February 2025 Intel moved construction completion of the first fab (Mod 1) to 2030, with operations between 2030 and 2031, and of Mod 2 to 2031; in October 2026 it reported installing the first major structural truss on the first fab.
Source published 21 Oct 2026 · Catalog recorded 22 Oct 2026 · Agent review
Intel moved Mod 1 construction completion to 2030 and operations to 2030–2031 to align with business needs and market demand.
Intel reported the fab's "go vertical" milestone, with the basement level completed, in the prior quarter.