President Joe Biden speaks with Intel CEO Pat Gelsinger in 2022 at the groundbreaking of the Intel computer chip factories planned near Columbus, Ohio.AP
Intel has pushed back its timetable for two huge factories in Ohio by at least a year as the company’s sales growth remains tepid.
In a statement, Intel said it “will not meet the aggressive 2025 production goal that we anticipated” when it announced the $20 billion Ohio project two years ago. But the company said it has 800 construction workers on site near Columbus and expects “several thousand” by year’s end.
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