Intel is building a $20 billion computer chip facility in Ohio amid a global shortage

Intel Corp. is planning to invest investment more than $20 billion in two computer chip plants in central Ohio to help address a global semiconductor shortage. Intel Corp. is planning to invest investment more than $20 billion in two computer chip plants in central Ohio to help address a global semiconductor shortage. COLUMBUS, Ohio -- Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in everything from phones and cars to video games. After years of heavy reliance on Asia for the production of computer chips, vulnerability to shortages of the crucial components was exposed in the U.S. and Europe as they began to emerge economically from the pandemic. The U.S. share of the worldwide chip manufacturing market has declined from 37% in 1990 to 12% today, according to the Semiconductor Industry Association, and shortages have become a potential risk.