Intel delays $28 billion Ohio chip factory to 2030, local media reports
Portfolio Pulse from
Intel has delayed the completion of its $28 billion chip fabrication plant in Ohio to 2030, with operations expected to start in 2030 or 2031.
February 28, 2025 | 3:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Intel has postponed the completion of its $28 billion chip plant in Ohio to 2030, affecting its growth plans and potentially impacting its stock price.
The delay in the Ohio chip plant's completion could affect Intel's growth strategy and market position, potentially leading to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100