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:
After years of decline, the once-great Silicon Valley icon is reportedly considering a plan to split itself apart.
Intel Corp. has again pushed back the expected opening for its semiconductor project in central Ohio. The struggling ...
Intel originally said it expected to begin production at the New Albany, Ohio, site in 2025, and later pushed that back to ...
Rumors continue to swirl regarding the future of Intel Corp., after the company has been beleaguered by financial woes. The ...
The site in New Albany, Ohio, is now set to be completed in 2030, with operations starting as late as 2031, compared with the ...
Intel delays its Ohio One semiconductor manufacturing site in Ohio again, from 2027-2028 and into the next decade with 2030 ...
Intel, the financially embattled chipmaker, has delayed the opening of its first Ohio factory to 2030 or 2031, multiple years after it was to open.
The project, which was slated to begin operations in 2026, is underway to meet surging demand for advanced semiconductors.
The federal law, signed by former President Joe Biden in August 2022, included billions of dollars to bring semiconductor ...
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