LISTEN: Without New Customers, Intel 'Likely' to Stop $28B Ohio Project

In January of 2022, Intel unveiled plans to invest $28 billion in building two new chip factories in Licking County, Ohio, to boost production of its advanced semiconductors to serve both Intel projects and other end customers.

A lot has happened since – and for Intel, the past few years have brought sluggish sales, layoffs, and a new CEO.

With that, the last several updates on Intel’s Ohio project have pretty much centered on the same theme – delays.