San Francisco, March 1, 2025 (AFP) - Intel slows $28 bn chip factory project in Ohio

NAMPA / AFP

2025-03-01

Struggling US chip maker Intel on Friday pushed out the timeline for completing two new fabrication plants in Ohio, saying it is taking a prudent approach to the $28 billion project. Chip production originally slated to begin in 2025 at Intel's first new "fab" in decades is now expected to start in 2030, Intel said in a statement. "It's important that we align the start of production of our fabs with the needs of our business and broader market d......

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