Intel Delays $28B+ Chip Plants in Ohio for at Least 5 Years to “Manage Our Capital Responsibly”
Intel’s plans to build two chip factories in New Albany, Ohio for an investment of more than $28 billion have been postponed.
WYSO Public Radio9d
Intel says almost $7 billion committed so far to Licking County project
The chip manufacturer said it had invested $3.7 billion through last year, and is committed to spending another $3.2 billion ...
As Trump calls for axing CHIPS Act, Husted said bipartisan support remains for subsidy
President Donald Trump on Tuesday called on Congress to eliminate the CHIPS Act, which is helping to fund Intel's Ohio semiconductor factories.
Reuters2d
Exclusive: TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say
Intel, TSMC, Nvidia, AMD and Qualcomm declined ... a fresh $100 billion investment in the United States that involves building five additional chip facilities there in coming years.
Intel’s New CEO Thrills Wall Street. There’s Still a Lot of Work Ahead.
Intel’s foundry made $17.5 billion in revenue in 2024, a 7% drop from the previous year, while losing $13.4 billion.
Investor's Business Daily on MSN18h
Intel Stock Rises On New CEO, But Rough Road Ahead
Wall Street responded positively to the appointment of Lip-Bu Tan as Intel's new chief executive officer. But Intel stock ...