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Intel ’s first chip fabrication plant in Ohio may not open until 2030 at the earliest .
accord to a reportin The Columbus Dispatch , Intel has slowed the building of its promised $ 28 billion semiconductor project in central Ohio for thesecond sentence this year . structure wo n’t be completed until 2030 , the chipmaker tell the publication , and the manufacturing plant might not really open until 2031 .
The factory , one of two Intel plans to build in Ohio , was originally schedule to start out control this year . Intel told The Columbus Dispatch that it remain committed to the project and has already invested $ 3.7 billion topically .
Intel ’s financial woefulness are reportedly a swelled cause for the splintering quickness ’s delayed porta . consort to The Columbus Dispatch , Intel EVP Naga Chandrasekaran told employee in a message on Friday that the delayed timeline will allow for Intel to good “ manage [ its ] capital responsibly ” and align its mill operation with mart need .
We ’ve reached out to Intel for more information and will update this post if we hear back .
