Intel Postpones Opening of Ohio Chip Factories Until 2030s
- Ohio plants were keystone of company’s expansion plans
- Chipmaker originally scheduled debut of first plant for 2025
A rendering shows early plans for two Intel processor factories in Licking County, Ohio.
Source: Intel Corporation/AP PhotoThis article is for subscribers only.
Intel Corp. is further delaying the opening of a much-touted new semiconductor complex in Ohio, marking the latest setback to the chipmaker’s expansion plans.
The first plant, originally scheduled to begin operating this year, now won’t be completed until 2030, the company said in a statement Friday. The factory is slated to begin running either that year or in 2031, Intel said. The completion of a second plant was postponed until 2031, with operations potentially starting the following year.