LISTEN: Without New Customers, Intel 'Likely' to Stop $28B Ohio Project

In January of 2022, Intel unveiled plans to invest $28 billion in building two new chip factories in Licking County, Ohio, to boost production of its advanced semiconductors to serve both Intel projects and other end customers.A lot has happened since – and for Intel, the past few years have brought sluggish sales, layoffs, and a new CEO.With that, the last several updates on Intel’s Ohio project have pretty much centered on the same theme – delays.