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The president of the United States, Joe Biden, second to the left, revolves the site of the new manufacturing installation of Intel semiconductors near New Albany, Ohio, USA, on Friday, September 9, 2022.
Gaelen Morse | Bloomberg | Getty images
Intel He is pressing the opening of its Ohio chips manufacturing installation, the conflict chips manufacturer said on Friday.
The company said it will not complete the construction of the first plant until 2030, starting operations that year or the following. The second factory in the up to $ 100 billion complex It is likely to end in 2031 and will start operating the following year. The company had initially planned to start Production on the first floor in 2025.
“As we continue to invest in our US sites, it is important that we align the beginning of the production of our manufacturers with the needs of our business and a broader demand in the market,” he said Naga ChandraskaranVice President and Chief of Intel Foundry Manufacturing Global Operations Officer, in a release. “This has always been our approach, since it allows us to administer our capital in a responsible way and adapt to the needs of our clients.”
Intel, for a long time the main semiconductor manufacturer of the world before losing that distinction in recent years, has been in a descending slide due largely to its position outside the boom of artificial intelligence. The action lost more than half of its value last year and the company has considered the deceleration of sales while trying to deepen the intensive capital of chips manufacturing.
In August, the actions suffered their worst fall of a day in the Securities market in 50 years After the company announced disappointing quarterly results. Intel also said he would eliminate 15% of his employees. That has made the company a possible acquisition objective in recent times, while leading to the CEO PAT GELSINGER shot In December.
Intel was a central beneficiary of the Office of the Law of Sciences and Sciences of former President Joe Biden. The government recently gave the company a Subsidy of approximately $ 8 billion in November in an effort to boost the production of semiconductors on American soil.
