Feb 28 (Reuters) - Intel's ( INTC ) promised $28 billion
chip fabrication plants in Ohio are facing further delays, with
the first factory in New Albany expected to not be completed
until 2030, local media outlet The Columbus Dispatch reported on
Friday.
The factory will begin operations sometime shortly
thereafter in either 2030 or 2031, the report said, citing the
chipmaker.
The changes were made so Intel ( INTC ) can align its factory
operation with market demand and better "manage capital
responsibly", the report cited Naga Chandrasekaran, general
manager of Intel Foundry Manufacturing, as saying in a message
to workers.
Intel ( INTC ) did not immediately respond to a Reuters request for
comment.