Intel pushes Ohio chip factory opening to 2030

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Intel is delaying the opening of its $28 billion Ohio chip plants yet again. In an update on Friday, Intel executive vice president Naga Chandrasekaran said the company now expects its first factory to begin operations between 2030 and 2031 – years later than its initial plan to kick off production in 2025. Meanwhile, the second fabrication plant on Intel’s Ohio campus isn’t expected to open until 2032. “We are taking a prudent approach to ensure we complete the project in a financially responsible manner,” Chandrasekaran said in the post. “We will continue construction at a slower pace, while maintaining the flexibility to accelerate work and the start of operations if customer demand warrants.” Intel’s Ohio fabrication units have been beset by delays since the very beginning. In 2022, the chipmaker postponed the groundbreaking ceremony ... Read full article.