Intel's Ohio Chip Plant Faces Delay

Intel Delays $28B+ Chip Plants in Ohio for at Least 5 Years to “Manage Our Capital Responsibly”
Intel’s plans to build two chip factories in New Albany, Ohio for an investment of more than $28 billion have been postponed. One of the plants was planned to be operable in 2025, according to The Wall Street Journal. The new timelines are:
Intel again pushes back expected opening for semiconductor plant in central Ohio
Intel Corp. has again pushed back the expected opening for its semiconductor project in central Ohio. The struggling chipmaker announced Friday that construction on the first of its two factories — known as fabs — planned for New Albany is now expected to be completed in 2030 and begin operations between then and 2031.
Is Intel playing Ohio for chumps with its purported 5-year delay in opening a microchip plant? Today in Ohio
CLEVELAND, Ohio - Intel is delaying its computer chip factory in New Albany for five years. Will the company really follow through? We’re talking about the pause in the giant construction project on Today in Ohio.
Intel delays opening of central Ohio chip manufacturing plant to 2030
Intel’s massive semiconductor project in central Ohio has been delayed, again. On Friday, the company announced that its first chip factory in New Albany wouldn’t open until 2030 or 2031--at least five years later than originally promised.
Intel pushes back $28bn Ohio chip factory timeline to 2030
The latest development comes after the chip giant announced plans to freeze extra $15bn investment in a chip factory being built in Kiryat Gat, Israel.
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