Intel delays $20bn Ohio chip factory to late 2026 due to market difficulties and slow government funding.

Intel has postponed its $20 billion chip-manufacturing project in Ohio due to market difficulties and slow government funding. The initial timeline for chip production has been delayed, and construction is now expected to be completed by late 2026. The company originally targeted production in 2025 but has not changed its pace of construction or anticipated timelines.

February 01, 2024
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