Thanks to the bipartisan CHIPS Act, tech giant Intel chose to invest billions in Ohio to develop a massive semiconductor manufacturing plant.
Intel Corp. is slowing down construction of its Ohio complex again, with the semiconductor maker now saying the fabs will open sometime next decade.
COLUMBUS, Ohio -- 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.
Ohio representatives and stakeholders are responding to President Donald Trump’s call to end the CHIPS Act, which brought in billions for Ohio’s Intel
Intel’s ambitious plans to establish its first chip fabrication plant in Ohio have hit a significant snag, with the anticipated opening pushed back to 2030 at the earliest. The factory, which is one of two planned by the tech giant in central Ohio,
Intel's first Ohio chip fabrication plant may not open until 2030 at the earliest, according to a report in The Columbus Dispatch.
During his speech Tuesday, President Donald Trump called for repealing the CHIPS Act, which played a key role in Intel announcing its New Albany plant.  While
Intel's first Ohio factory was supposed to be up and running this year. But the chipmaker faced multiple delays and continues to struggle financially.
Concerns about Intel's long-awaited multi-billion dollar manufacturing plant in Ohio continue to swell as the tech giant has once again delayed the project — this time until next decade.
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.
Since taking office, Trump has said he would place tariffs on foreign production of computer chips and semiconductors in order to return chip manufacturing to the U.S. The president and Republican lawmakers have also threatened to end the CHIPS Act.
Intel's Ohio One semiconductor plant in New Albany has been delayed again. Why it matters: The gigantic $20 billion project is the largest private investment in Ohio history, promising to create 7,000 construction jobs,