5 updates about Intel’s $28 billion investment in central Ohio

Get the latest news, announcements, and updates regarding Intel’s $20 billion investment in New Albany, Ohio.

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This will be Intel’s first semiconductor facotry in the Midwest. | Rendering via Intel

Central Ohio is attempting to becoming a Silicon Heartland, but just like Rome, it isn’t going to happen over night.

In fact, the timeline for this $20+ billion investment from Intel in New Albany keeps growing. Between deadline delays, federal funding, and local construction, it can be hard to stay in the know. That’s why we are breaking down all the most recent updates, announcements, and headlines involving Intel.

Update No. 1

The US government proposed $8.5 billion in direct funding to Intel under the new CHIPS Act. This money would be used specifically for semiconductor factories, like Ohio. Intel also increased the amount they will invest in the New Albany factory from $20 billion to $28 billion.

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US Commerce Secretary Gina Raimondo (left) and Intel CEO Pat Gelsinger (right) celebrating the funding announcement on Wednesday, March 20. | Photo via Intel Corporation

Update No. 2

Construction crews conducted a concrete pour from Thursday, March 21 at 5 a.m. through Friday, March 22 at 3 a.m. Four delivery trucks traveled a set path starting at Beech Road and ending at Clover Valley Road, which explains some of the traffic disruption in the area.

Update No. 3

In mid-March, Intel and Ohio Gov. Mike DeWine released a progress report, stating the project is now expected to be fully operational in 2027-28. This is the second time the project has been delayed as Wall Street Journal previously reported the project had been delayed to late 2026.

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A total of 10,000+ jobs are expected to be created from Intel’s investment. | Rendering via Intel

Update No. 4

Daily commuters might be happy to hear that Central College Road is anticipated to be reopened on Friday, March 29 around 6 p.m. This road has been closed since late February for the installation of water main infrastructure.

Update No. 5

Miller Road east of Mink Street is now closed and is estimated to reopen on Monday, April 1. This is happening so crews can rebuild the existing Miller-Mink intersection + parts of Miller Road to the east.