Intel hits construction milestone at Ohio One

The latest: For Ohio, that means installation of "the first major structural truss" of the first New Albany production facility, or "fab."

• "This represents another significant step toward expanded U.S. leading-edge semiconductor capacity and a visible reminder that the future of American manufacturing is being built today."

Zoom out: He also announced progress on facilities in Oregon, Arizona, New Mexico and California, and underlined the importance of the company's semiconductor efforts.

• "Demand for computing power is growing at an unprecedented pace. Meeting this demand requires some of the most advanced research and development (R&D), engineering and manufacturing work ever undertaken."

Between the lines: Updates from Intel have been scarce since early 2025 when they announced a delay in opening Ohio One until at least 2030.

• But this marks the second company update this year without news of another slowdown.

The big picture: After significant struggles in 2024 and 2025, it's been a good year for Intel. Its stock skyrocketed after news of a deal with Apple.

• The company's stock has dipped since, but has maintained a sense of optimism.

The bottom line: The world badly needs semiconductors, and Ohio One is designed to build them.

• Someone will be manufacturing them there soon — whether it's Intel or a partner.