Investing
Intel delays $20 billion Ohio project, citing slow chip market – WSJ
© Reuters. Rendering of Intel’s semiconductor factory now under construction in New Albany, Ohio, U.S., in this undated handout image. Intel/Handout via REUTERS
(Reuters) – Intel (NASDAQ:) is delaying its construction timeline for its $20 billion chipmaking project in Ohio amid market challenges and the slow rollout of U.S. grant money, the Wall Street Journal reported on Thursday.
Intel did not immediately respond to a Reuters request for comment.
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