The Wall Street Journal has reported that Intel plans to delay the opening of a chip plant that’s been described as “the first of its kind.”
Originally set to be online by late 2025, the $20 billion Ohio project was set to bring 3,000 jobs to the region but now won’t hit its target for several reasons.
The Wall Street Journal says the factory is being postponed because of “market challenges” – a nod towards the general consensus that the market for semiconductors may be cooling in the near term.
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