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.
Among financial issues, a leadership shakeup and questions about CHIPS Act funding, Intel faces an uncertain future in Ohio.
When the new factories dubbed Ohio One were announced in 2022, the company said it would invest $20 billion. That number has since been increased to an estimated $28 billion. Read More: Intel delays ...
In a March 24 note to investors, UBS analyst Timothy Arcuri wrote that Intel’s near-term plan under the leadership of newly ...
Taiwan Semiconductor Manufacturing Company’s pledge to spend an extra $100 billion on advanced manufacturing plants in the US ...
Intel reportedly delaying its $28 billion Ohio chip plants, the first factory in New Albany is now expected to be completed in 2030. That's according to the local media outlet the Columbus Dispatch.
NEW ALBANY, Ohio — Intel has once again pushed its timeline for its two computer chip manufacturing facilities in Licking County, according to a company memo. In a statement, the company said it ...
The new timeline comes as Intel continues ... of its most advanced chip production fabs on Earth in Ohio remains unchanged," he said. Construction at the factory site will not pause but will ...
Read More: Intel already spent billions on delayed New Albany chip factory, new report reveals Zach Schiller, research director at Policy Matters Ohio, a left-leaning think tank with offices in ...
That number has since been increased to an estimated $28 billion. Read More: Intel delays $28 billion Ohio chip factory in New Albany again, to 2030 or 2031 "This investment is growing every day ...
Intel has delayed the opening of its first Ohio semiconductor factory to ... part of the federal CHIPS Incentives Program, $1.5 billion of which was set to go toward the New Albany project ...
Intel has delayed the opening of its first Ohio semiconductor factory to 2030 ... 7.865 billion in funding as part of the federal CHIPS Incentives Program, $1.5 billion of which was set to go toward ...