Intel delays Ohio chip plant opening to next decade, was supposed to start production by 2026


Intel delays Ohio chip plant opening to next decade, was supposed to start production by 2026

PUBLISHED FRI, FEB 28 20254:02 PM EST Samantha Subin Intel is pushing off the opening of its Ohio chip manufacturing facility, the embattled chipmaker said Friday. The company said it won’t complete construction on the first plant until 2030, starting operations that year or the next. The second factory in the up to $100-billion complex will likely be finished in 2031 and start running the following year. The company had initially planned to begin production on the first plant in 2025. “As we continue to invest across our U.S. sites, it’s important that we align the start of production of our fabs with the needs of our business and broader market demand,” said Naga Chandrasekaran, vice president and head of global operations officer for Intel Foundry Manufacturing, in a release