Even as the federal government hands out its long-awaited CHIPS and Science Act money to projects in Ohio and other states, ...
With federal CHIPS Act funding finalized, Intel Corp. remains committed to building the two semiconductor fabrication plants under construction in New Albany, Ohio, despite the company's financial ...
In Ohio, Intel is constructing two plants on a 1,000 ... will use the funds to build a new fab and upgrade two existing manufacturing facilities.
Intel initially said its Ohio complex would be completed by 2025 ... “Whether that’s one fab or two fabs, you know, ultimately is going to depend on demand.” Biden administration officials ...
CLEVELAND, Ohio – As construction on two Intel microchip plants continues east of Columbus, questions swirl around the storied company’s faltering business plan and whether its Ohio project is ...
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund the expansion of ...
As Intel faces financial headwinds ... “This is something that we need to keep a close eye on and make sure Ohio’s taxpayer dollars are being utilized the best way possible,” Policy Matters ...
NEW ALBANY, Ohio (WCMH) – When Pat Gelsinger was appointed CEO of Intel in 2021, he was heralded as the company’s much-needed savior. Now, it is unclear how his co-replacements will proceed ...
The company previously announced it expected to invest more than $100 billion over five years to expand fab capacity and capabilities in Arizona, New Mexico, Ohio and Oregon. Intel’s CHIPS Act ...
The CHIPS funding designated for Intel’s Ohio project is for “creation of a new regional chipmaking ecosystem, anchored by a new leading-edge logic fab, which is part of Intel’s broader ...