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Intel delays $20 billion Ohio chip plant (again) citing delays in government grants (again).
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Billed as the largest silicon manufacturing site in the world, the plant was originally slated to start production in 2025 will now be delayed until late 2026. Intel planned a groundbreaking at the plant in 2022 but postponed it due to lack of government funding. The Journal quotes an unnamed Intel spokesperson citing “business conditions and market dynamics” for this delay. Intel previously said it depended heavily on the CHIPS Act to finish construction.
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