The Lantern - February 8, 2024

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www.thelantern.com

Thursday, February 8, 2024

MOLLY GOHEEN | MANAGING EDITOR FOR DIGITAL CONTENT

Housing crisis looms over Columbus’ self-proclaimed reputation as the “Silicon Heartland” I

n January 2022, Intel — the largest semiconductor manufacturer in the world — announced plans to invest over $20 billion into constructing two chip factories in Licking County, Ohio. Currently, Intel’s primary locations are in Arizona, California, New Mexico and Oregon. Economic prosperity in regions where

to be completed in 2025, Intel recently announced a delay of the project into late 2026 due to a slow chip market. Other tech hubs like Google, Meta and Amazon have also established relatively new roots in the Columbus region. Jobs and investment from all of these tech businesses will expand Columbus’s population considerably.

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Patrica B. Miller Special Projects Reporter

Intel is located has grown tenfold, and its contribution to the U.S.’s GDP was $25.9 billion in 2019 alone. Intel’s announcement marked the single largest private sector investment in the history of Ohio, and the project is expected to add approximately $2.8 billion to Ohio’s economic growth, according to the company. Intel is expected to bring in about 3,000 new hires for the company and over 7,000 construction jobs. Originally planned

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By Phoebe Helms

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