Thanks to the bipartisan CHIPS Act, tech giant Intel chose to invest billions in Ohio to develop a massive semiconductor manufacturing plant.
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NBC4 WCMH-TV on MSNOhio leaders turn to Intel promises after President Donald Trump’s call to repeal CHIPS ActOhio representatives and stakeholders are responding to President Donald Trump’s call to end the CHIPS Act, which brought in billions for Ohio’s Intel plant. In an address Tuesday to Congress, Trump called the CHIPS Act a “horrible,
Intel’s plans to build two chip factories in New Albany, Ohio for an investment of more than $28 billion have been postponed. One of the plants was planned to be operable in 2025, according to The Wall Street Journal. The new timelines are:
Intel is delaying the opening of its Ohio chip manufacturing facility, the embattled chipmaker said Friday. Intel said it won't complete construction on the first plant until 2030, starting operations that year or the next. The company lost 60% of its ...
Intel, the financially embattled chipmaker, has delayed the opening of its first Ohio factory to 2030 or 2031, multiple years after it was to open.
Intel Corp. has again pushed back the expected opening for its semiconductor project in central Ohio. The struggling chipmaker announced Friday that construction on the first of its two factories — known as fabs — planned for New Albany is now expected to be completed in 2030 and begin operations between then and 2031.
GOP lawmakers blast Trump’s call for CHIPS Act repeal
COLUMBUS, Ohio -- Intel’s massive semiconductor project in central Ohio has been delayed, again. On Friday, the company announced that its first chip factory in New Albany wouldn’t open until 2030 or 2031--at least five years later than originally promised.
Since taking office, Trump has said he would place tariffs on foreign production of computer chips and semiconductors in order to return chip manufacturing to the U.S. The president and Republican lawmakers have also threatened to end the CHIPS Act.
Concerns are growing among local leaders and stakeholders about the future of Intel's Ohio project. Financial struggles, including declining revenue and a 57% drop in stock price, have plagued Intel in recent months. Intel has fallen behind competitors in ...
Intel originally said it expected to begin production at the New Albany, Ohio, site in 2025, and later pushed that back to 2027. It now says it expects to begin production at the first fab in 2030 or 2031, and construction of the second fab is expected to complete in 2031 for operations starting in 2032.
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