Intel Delays $28B Ohio Semiconductor Project, Columbus Dispatch Says

Dow Jones

03-01

-Intel is delaying a $28 billion semiconductor project in central Ohio, The Columbus Dispatch reported Friday.

-Intel said its factory in Licking County will not be completed until 2030, with operations beginning that year or in 2031; it was originally planned to start operating in 2025.

-The chipmaker is slowing construction at the site to align operations with demand and manage capital, it said.

-Intel could not immediately be reached for comment Friday morning.

Full article at https://www.dispatch.com/story/news/2025/02/28/intel-ohio-chip-factory-delayed-new-albany/80732342007/

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

February 28, 2025 11:04 ET (16:04 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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it was originally planned to start operating in 2025. \n\n\n  -The chipmaker is slowing construction at the site to align operations with demand and manage capital, it said. \n\n\n  -Intel could not immediately be reached for comment Friday morning. \n\n\n  Full article at https://www.dispatch.com/story/news/2025/02/28/intel-ohio-chip-factory-delayed-new-albany/80732342007/ \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 28, 2025 11:04 ET (16:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}