Intel's New Albany timeline?
Intel invested more than $1.5 billion at the site in 2025, bringing total spending to $5.26 billion
Intel has reaffirmed its commitment to building its major semiconductor campus in New Albany, Ohio despite significant changes within the company during 2025. These changes included the appointment of a new CEO, Lip‑Bu Tan, along with new investment agreements involving the United States government, Nvidia and SoftBank aimed at strengthening innovation and domestic semiconductor manufacturing.
The company began construction in 2022 on two chip fabrication plants at its “Ohio One” campus in Licking County, Ohio. However, the project has experienced delays due to financial restructuring within Intel and the search for customers for chips that will be produced at the site.
In its annual update to the Ohio Department of Development, Intel confirmed the project remains central to its long-term U.S. manufacturing strategy. Jim Evers, Intel vice president and Ohio site manager, said the company will continue advancing construction in line with market demand.
Intel invested more than $1.5 billion at the site in 2025, bringing total spending to $5.26 billion. Much of the work focused on underground utility corridors, water and power infrastructure, and a central boiler and chiller plant. Over $938 million of last year’s investment went toward the first of the two fabrication facilities.
The state of Ohio has provided $600 million in grant funding as part of a broader incentive package supporting the project.
Under the revised schedule, the first fabrication plant is expected to be completed in 2030 and begin operations in 2031, while the second facility should be completed in 2031 and become operational in 2032. Originally, the campus had been expected to start producing chips much earlier.
Despite the delays, J.P. Nauseef, president and CEO of JobsOhio, said the project remains vital to strengthening U.S. semiconductor manufacturing and national security. He noted that major investments from both government and private partners during 2025 demonstrate the strategic importance of building a resilient domestic chip supply chain.
Construction activity has also delivered economic benefits across the state. Workers from 83 of Ohio’s 88 counties have contributed more than 10.1 million construction hours so far. Intel has also prioritised local contractors, with over 440 Ohio companies involved in the supply chain, covering services ranging from plumbing and lumber to heavy machinery and sanitation.
The company has also focused on environmental work across the campus. In 2025, landscaping included planting 4,500 native trees, 1,400 shrubs, and more than 324,000 wetland plants in nearby detention basins.
As of the end of 2025, 162 employees were working directly on the project, with nearly all coming from counties across Ohio.
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