top of page

Intel delays $28 billion Ohio chip factories to 2030

By Reuters

28 Feb 2025

Feb 28 (Reuters) - Intel's (INTC.O), opens new tab 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.
The first factory will begin operations sometime shortly thereafter, between 2030 and 2031, the company said, extending its original timeline by at least half a decade.

60 Paya Lebar Road #07 - 54
Paya Lebar Square

Singapore 409051

  • LinkedIn

© 2023 by HPS Partners. Powered and secured by Wix

bottom of page