Intel Postpones Ohio Chip Plant Launch to 2030 and 2031
Summary
Intel's highly anticipated Ohio chip plant launch faces further delays, now pushed back to 2030 and 2031, despite initially breaking ground in September 2022 with a $28 billion investment, as the tech giant slows construction pace while maintaining flexibility to accelerate if market demand rebounds.
Key Points
- Intel delays Ohio chip project again to 2030 and 2031
- Project initially broke ground in September 2022 with $28 billion investment
- Intel slows construction pace while maintaining flexibility to accelerate if demand warrants