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Intel pushes $28B Ohio fab project into 2030swww.theregister.com/2025/02/28/intel_delay_ohio/
181 sats \ 1 comment \ @0xbitcoiner 2 Mar Construction_and_Engineering
x86 giant still expects to ramp 18A process tech this year
Intel's floundering foundry business hit another speed bump on Friday after executives delayed the completion of its $28 billion Ohio factory build-out until at least 2030.
"As we continue to invest across our US sites, it's important that we align the start of production of our fabs with the needs of our business and broader market demand," Intel's Chief Global Operations Officer and foundry lead, Naga Chandrasekaran, wrote in an open letter to employees Friday. "With that in mind, we are adjusting the timeline for our two Ohio fabs."
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33 sats \ 0 replies \ @BlokchainB 30 Jul
Intel Again Eases Construction Pace on $28B Ohio Chip Plants
Although no revised completion dates were announced for the project known as Ohio One, Intel's chief executive officer Lip-Bu Tan said in a July 24 earnings call that "we will further slow the pace of construction in Ohio to ensure that spending is aligned with market demand."
The project, which is being led by general contractor Bechtel, includes 2.5 million sq ft of buildings including 600,000 sq ft of clean room production space.
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