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.

Intel announced that it's further delaying plans to open two chip fabrication facilities in Ohio, pushing their completion out to 2030. The company originally announced its plans for Ohio in 2022, with an ambitious opening set for 2025.

Intel Corp. is slowing down construction of its Ohio complex again, with the semiconductor maker now saying the fabs will open sometime next decade.