Intel's promised $28 billion chip fabrication plants in Ohio are facing further delays, with the first factory in New Albany now expected to be completed only by 2030, the struggling chipmaker said on Friday.

Intel says it won't complete construction on one of two New Albany fabs for another five years, citing its business needs and market demand.

Intel Corp. is further delaying the opening of a much-touted new semiconductor complex in Ohio, marking the latest setback to the chipmaker’s expansion plans.

Intel, the financially embattled chipmaker, has delayed the opening of its first Ohio factory to 2030 or 2031, multiple years after it was to open.

Intel's first Ohio factory was supposed to be up and running this year. But the chipmaker faced multiple delays and continues to struggle financially.

Intel plans to complete construction in 2030 and begin operations between 2030 and 2031. Ohio One Mod 2: Intel plans to complete construction in 2031 and begin operations in 2032. Naga Chandrasekaran,

After years of decline, the once-great Silicon Valley icon is reportedly considering a plan to split itself apart.

Struggling US chip maker Intel on Friday pushed out the timeline for completing two new fabrication plants in Ohio, saying it is taking a prudent approach to the $28 billion

Intel is pushing off the opening of its Ohio chip manufacturing facility, the embattled chipmaker said Friday.

Intel, the financially embattled chipmaker, has delayed the opening of its first Ohio factory to 2030 or 2031, multiple years after it was to open.

Intel is delaying the opening of its $28 billion Ohio chip plants yet again. In an update on Friday, Intel executive vice president Naga Chandrasekaran said the company now expects its first factory to begin operations between 2030 and 2031 – years later than its initial plan to kick off production in 2025.