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Story summary
- Intel installed the first major structural truss at its Ohio One fab in New Albany, Ohio.
- Ohio One now targets completion in 2030, five years later than the original 2025 goal.
- Intel and the White House announced $8.5 billion in CHIPS Act funding for fab projects in Arizona, New Mexico, Ohio, Oregon.
- The funding is projected to create about 10,000 Intel jobs and 20,000 construction jobs.