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Intel slows construction on Ohio plant amid second-quarter changes and job cuts.
Gov. Mike DeWine says Intel is still committed to Ohio even as it announced it will "further slow" the pace of construction at its future Ohio microchip factories.
COLUMBUS, Ohio (WCMH) — Intel’s CEO reportedly said the company is not in the top 10 semiconductor companies by market cap, fearing it is too far behind to catch up with industry leaders.
Intel announced on Thursday it will "further slow" the pace of its Ohio factories in response to financial struggles. The chipmaker's first factory was originally supposed to open in 2025.
NEW ALBANY, Ohio (WCMH) — Intel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better than… ...
Intel’s project in Ohio is being pushed back again. In a news release sent out by CEO Lip-Bu Tan, he said Intel will be “further slowing construction in Ohio." ...
State and local officials are responding to the news that Intel is slowing construction at the two chip fabricating plants it's building in New Albany. In a statement Friday, Gov. Mike DeWine said, ...
Intel CEO Lip-Bu Tan said to cut costs, the company will lay off 15% of employees, kill planned projects overseas and slow construction on its Ohio facility in New Albany.
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