Intel delays the Ohio opening plant by 2030, production was supposed to start 2026
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US President Joe Biden, the second left, visits the position of the new Intel Semiconductor production facility near New Albany, Ohio, USA, on Friday, September 9, 2022.
Gaelen Morse | Bloomberg | Getty Images
Intelligence He pushes out his Ohio Chip production facility to open, a built -in chip manufacturer said on Friday.
The company announced that it would not complete the construction at the first operation by 2030, starting to operate that year or next. Another factory in Up to $ 100 billion complex It will probably be completed in 2031 and start running next year. The company initially planned to start Production on the First Factory 2025.
“While we continue to invest on our American website, it is important to reconcile the start of the production of our fiction with the needs of our business and wider demand on the market,” he said Naga ChandrasekaranVice -President and Head of Global Operation Officer for Intel Foundry Manufacturing, UA release. “It was always our approach, because it allows us to run responsibly with our capital and adapt to our customers’ needs.”
Intel, the long -leading worldwide manufacturer, before losing that difference in recent years, was on a downfall, mainly because of his position on the sidelines of the flourishing of artificial intelligence. The shares have lost more than half of the value last year, and the company is calculated with the slowing of sales, while trying to transfer deeper into the capital intensive business from the making of chips.
In August, the shares suffered the worst one -day fall on Stock market for 50 years After the company announced the disappointing quarterly results. Intel also said he would rip 15% of his employees. This made the company a potential aim of taking over late, and at the same time led to Pat Gelsinger’s executive director in December.
Intel was the central user of the Office of former President Joe Biden chips and science. The government recently assigned a company a approximately $ 8 billion in support In November, in an effort to increase semiconductor production on American soil.