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Intel Announces It Will Be 'Further Slowing Construction' in Ohio

OHIO, UNITED STATES, JUL 24 – Intel delays Ohio chip factory openings to at least 2030 to align spending with demand amid financial challenges, with over $1 billion planned for 2025, company says.

Summary by WKYC
In a news release sent out by CEO Lip-Bu Tan on July 24, he said Intel will be “further slowing construction in Ohio.”

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WKYC broke the news in Cleveland, United States on Thursday, July 24, 2025.
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