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Intel affirms commitment to $28 billion Ohio project despite delays — company responds to U.S. Senator's hint of 'a charade or potential fraud'
Following life-changing investments from Nvidia, SoftBank, and the White House, Intel has just reiterated its commitment to the ambitious Ohio One project. The fabs, now expected to open their doors ...
In a letter last week to Intel Chief Executive Officer Lip-Bu Tan, Moreno demanded an update on the projected timeline for completing the factory outside Columbus that’s been delayed until at least ...
Intel (INTC) confirmed it still plans to build a multi-billion-dollar factory in Ohio after U.S. Senator Bernie Moreno (R-Ohio) sent a letter to Intel CEO Lip-Bu Tan last week requesting an update on ...
Intel Corp. said that it remains committed to its plans for a sprawling chip manufacturing plant in Ohio after Republican Sen. Bernie Moreno pressed the company for more information about delays in ...
Intel has pushed its $2 billion Ohio chip plant to 2030, raising state concerns over costs and timelines as the US takes a stake.
"Given the continuous delays in the project, it is in the best interest of Ohio's hardworking taxpayers to offset any infrastructure costs by reassigning remaining power that is not utilized by Intel ...
U.S. Sen. Bernie Moreno (R-Ohio) sent Intel’s chief executive a letter Friday making several asks of the tech designer and manufacturer.
New Albany, Ohio, was supposed to be the site of an advanced semiconductor factory for Intel, but progress is slow.
"Ohio has consistently stepped up to support Intel. Intel must provide answers now. Time is of the essence," Moreno said in his letter.
The cash infusions in Intel have pushed up investor sentiment, with the stock climbing more than 40% since mid-August. The reported investment from Apple would come as another vote of confidence for ...
Lorain County is partnering with JobsOhio and Team NEO to launch a 1,000-acre Mega Site aimed at large-scale manufacturing.
Ohio, is demanding answers from Intel over repeated delays at its massive semiconductor project in Licking County, calling the lack of progress a potential betrayal of taxpayers. In a letter sent ...
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