Intel has announced a further delay in the construction of its Ohio One semiconductor manufacturing site, originally scheduled for completion in 2025. The project has now been pushed back to at least 2030, with the first phase, known as Mod 1, expected to be completed in 2030 and production to commence between 2030 and 2031. Mod 2 is anticipated to be operational in 2032.

The Ohio chipmaking factories, valued at $28 billion, are situated in New Albany. The delay is attributed to Intel's strategy to align its factory operations with market demand and to manage capital responsibility effectively. Naga Chandrasekaran, the executive vice president and general manager of Intel Foundry Manufacturing, emphasized that the company remains committed to Ohio, with ongoing hiring and training of Ohioans at Intel's fabs in Arizona, New Mexico, and Oregon.