According to reports, Intel will spend $1 billion to build a new wafer foundry in Ohio, USA. The report notes that Intel's New Albany, Ohio, fab will cover an area of 1,295 hectares and is expected to be completed within a decade.

As of now, Intel has not responded to the rumors. It is expected that Intel will officially announce the news of the new fab on January 21. If the rumors are true, this will be the largest factory construction project in Ohio since 1982.

According to public information, Intel has four factories in the United States, including the Santa Clara fab in California, the Hillsboro fab in Oregon, the Chandler fab in Arizona, and the Rio Rancho fab in New Mexico.