Intel hits construction milestone at Ohio chip fab that’s at least 5 years behind schedule

What happened

• Intel installed the first major structural truss at its delayed Ohio chip fabrication plant.
• The project is at least five years behind schedule, and Intel has not announced a major outside customer.

Why it matters

The milestone offers a progress update on Intel’s Ohio manufacturing expansion, while the continued lack of a major outside customer remains relevant to semiconductor and industrials professionals assessing execution and demand.

Timeline

1. EarlierOct 19
   Why a former Intel skeptic is giving up his negative call on the stock after four years
2. EarlierOct 19
   Intel Asks FCC For Upgrades to Banned Foreign Robot Technology
3. EarlierOct 19
   Alger’s Crawford: There’s Skittishness in the Market
4. EarlierOct 21
   Intel Touts Factory Expansion Progress in Sign of Growing Demand
5. First reported by CNBCOct 21
   Intel hits construction milestone at Ohio chip fab that’s at least 5 years behind schedule

Sources (1)

1. CNBCOct 21
   Intel hits construction milestone at Ohio chip fab that’s at least 5 years behind schedule

Related

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• Oct 21 · Intel Touts Factory Expansion Progress in Sign of Growing Demand
• Oct 19 · Alger’s Crawford: There’s Skittishness in the Market
• Oct 19 · Intel Asks FCC For Upgrades to Banned Foreign Robot Technology
• Oct 19 · Why a former Intel skeptic is giving up his negative call on the stock after four years
• Oct 17 · Intel CEO Lip-Bu Tan says the Trump administration does not have "any policy" to use a minority stake in Intel to interfere in its business strategy (Kohei Yamada/Nikkei Asia)