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. One of the plants was planned to be operable in 2025, according to The Wall Street Journal. The new timelines are:
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 ...
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Federal institute that gives Intel its New Albany funds is facing potential layoffs under TrumpReports of anticipated mass layoffs within the National Institute of Standards and Technology are sparking concerns about the ...
Reports of anticipated mass layoffs within the National Institute of Standards and Technology are sparking concerns about the future of the CHIPS Act, the federal program providing billions to promote ...
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