https://www.dispatch.com/story/news/2025/09/10/intel-leaders-leave-ohio-project-factory-openings-delayed-chips/86077035007/
Knee deep in construction project overkill debt ! Bloated and redundant more more more fab space ! Meanwhile paying of by the Millions golden leaves to raider worthless CEOs MBAs and VP Fellows. No wonder big DC gov wanted warrants back ! Motorola ways are coming soon ! Break up and sold off to the CCP ! Intel is a train wreck of train wrecks ! We ain't producing competitive microprocessors that builders want !
@j7 this brought in 10 billion, more than data center
This was always such a bad idea. Thanks Pat!
Intel project delayed.
No waaaaaaay.
Far ouuuuut.
I am going to fly into Ohio and take the biggest dump on the fab site. Lets see them selling that land
@cx I am working on that song...
@cx
Does Samsung or Micron or TSMC have more money to burn to takeover OHIO shell?
Fab dead in Ohio.
Breaking News! Intel Ohio One site to become the worlds largest Roller skating rink. Local officials say there was no other viable option.
@bb Fu-k korea. They are agents of china.
They should just pick 5- 10 of the top products sold on Amazon that are made in China and start manufacturing them
@a2 Stay in your lane.
Ohio isn't the first state to get scr-ewd out of millions in infrastructure upgrades and tax incentives. Wisconsin got burned by Foxconn in starting in 2017 in what was supposed to be a $10 billion investment which would create 13,000 jobs. The factory was built, at least partially, but has a fraction of the employees and low to zero output. See the link below.
Ohio can expect more of the same. The building might get finished and a skeleton crew will be hired to maintain it but there won't be the the level of employment and taxes generated to meet the original agreements.
It will also be interesting to see if Hyundai finishes their huge battery plant in Georgia after the recent raids. There is a situation that could have been handled very differently and resolved in a manner which benefited both sides.
https://www.jsonline.com/story/money/business/2023/11/10/what-happened-to-foxconn-in-wisconsin-a-timeline/71535498007/
Is the German Fab guy still around? That is also shelved, isn't it?