Intel's promised $28 billion chip fabrication plants in Ohio are facing further delays, with the first factory in New Albany now expected to be completed only by 2030, the struggling chipmaker said on Friday.
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 has delayed the opening of its Ohio factories again and now says the first one won’t open before 2030 — at least five years later than initially anticipated. The chipmaker announced the expansion three years ago and originally planned to open the first of at least two factories in 2025.
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, 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 latest development comes after the chip giant announced plans to freeze extra $15bn investment in a chip factory being built in Kiryat Gat, Israel.
Intel delays its Ohio One semiconductor manufacturing site in Ohio again, from 2027-2028 and into the next decade with 2030 for its first phase.
After years of decline, the once-great Silicon Valley icon is reportedly considering a plan to split itself apart.
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.
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