Intel (
INTC) has announced delays in opening its new Ohio chip plant, according to
a Wall Street Journal report. The semiconductor maker is pushing back the start date of the $20 billion facility to 2026 instead of 2025, due to ongoing weakness in the chip market and the slow rollout of funds from the Chips Act.
Yahoo Finance's
Dan Howley breaks down the details, providing insights into funding and demand issues.
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Editor's note: This article was written by Angel Smith