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 Corp. is further delaying the opening of a much-touted new semiconductor complex in Ohio, marking the latest setback to ...
The Register on MSN22h
Intel slows its roll on $28B Ohio fab expansion, pushing production to 2030sIntel's floundering foundry business hit another speed bump on Friday after executives delayed the completion of its $28 ...
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