Intel's $28 billion 'Ohio One' project delayed until at least 2030

Intel has announced adjustments to the construction timeline for its semiconductor manufacturing facilities in New Albany.

Naga Chandrasekaran, executive vice president and chief global operations officer, informed employees of the revised completion dates for the Ohio One Mod 1 and Mod 2 projects.

The company plans to complete the construction of Mod 1 in 2030, with operations beginning between 2030 and 2031. Mod 2 is expected to be completed in 2031, with operations starting in 2032.

"I continue to be impressed by the progress you are driving on our Ohio One campus," Chandrasekaran said. "We have come a long way since construction began, and I am grateful for all that you’ve accomplished to lay the groundwork for our future as we make Ohio one of the world’s leading hubs of advanced semiconductor manufacturing."
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