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Intel delaying $28B chip factory in New Albany, Ohio to 2030

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Intel delaying $28B chip factory in New Albany, Ohio to 2030

Intel (INTC) is reportedly delaying plans for its $28 billion chip factory in New Albany, Ohio, according to local outlet

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, which is now scheduled to be completed in 2030 and begin operations as late as 2031.

Brad Smith and Julie Hyman expand upon these headlines, referencing Intel’s own search for a new CEO since Pat Gelsinger’s sudden departure in late 2024 and Taiwan Semiconductor Manufacturing Company’s (TSM) own interest in acquiring a segment of Intel.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Luke Carberry Mogan.



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#Intel #delaying #28B #chip #factory #Albany #Ohio

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