Key Points
A 25-year veteran of Ford and the United Auto Workers, Springowski was a team leader at the Cleveland Engine Plant, building 4-cylinders for a few different vehicles..
And to show that Intel was serious about doing its part, Gelsinger made an announcement in January 2022: Eight months after that first Zoom meeting with Springowski, Gelsinger declared that Intel was bringing its massive new made-in-America project, plus thousands of jobs, to Ohioa $28 billion endeavor that would be the largest single investment in the states history...
The company was utterly dominant when Windows PCs were the hottest thing in tech, but through a series of blunders, it missed out on building the application processors for what came next: smartphones, then AI. Now, just as the US has started describing Intel as its national champion in the chipmaking arms race, the business ramifications of all those missteps are coming due: Over the past several months Intels stock price has plummeted, and it has laid off 15,000 workers, begun a major restructuring, and faced a swirl of rumors that it will be broken up or even sold outright...
It was made by a European company, shipped to New Orleans, brought by barge up the Mississippi and Ohio rivers, and offloaded at a rudimentary purpose-built port near hereand now it needs to get transported overland to the site that Intel hopes will one day become the largest source of AI chips in the world...
When Intel announced it was coming to Ohio, in January 2022, it promised to invest an eventual $100 billion in the state and to build eight total fabs, which would make it one of the biggest microchip manufacturing sites in the world..