company

Intel

US semiconductor company

Business · Intel passes milestone at Ohio chip fab running five years late

Intel has installed the first major structural truss at its chip fabrication plant in New Albany, Ohio, a milestone for a project now running at least five years behind schedule. The company originally expected the factory to start delivering chips in 2025 but now aims for 2030 completion, reflecting a more cautious turnaround strategy under CEO Lip-Bu Tan.