Intel Delays Ohio Chip Plant Opening to 2030

Intel's $28 billion semiconductor project in Ohio has been delayed until 2030, pushing back the opening of its first factory by five or six years. The delay, attributed to financial struggles and the need to align production with market demand, has raised concerns. However, Intel insists its commitment to the project remains strong, with $3.7 billion already invested. The revised timeline aims for responsible capital management and long-term success.