Intel delays ceremony for Ohio factory over lack of government funding

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Intel delays ceremony for Ohio factory over lack of government funding
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Intel pushes Congress towards passing chip-related legislation.

Intel told US lawmakers and government officials that it’s delaying its ceremony “due in part to uncertainty around” the CHIPS Act, according to an email viewed by the, Intel spokesperson William Moss reiterates that the “scope and pace” of the company’s project rely on funding from the CHIPS Act. “Unfortunately, CHIPS Act funding has moved more slowly than we expected and we still don’t know when it will get done,” Moss adds.

Moss goes on to say, “it is time for Congress to act” so the company can “move forward at the speed and scale” for its projects in and outside of Ohio. Although Intel has delayed its groundbreaking ceremony, Moss says it hasn’t pushed back plans to begin building its facilities. Construction is still set to commence in late 2022, with production starting in 2025.

“We expressed our belief that there is no reason that we should not pass this bill through Congress in July,” House Speaker Nancy Pelosi and Senate Majority Leader Chuck SchumerCongress faces mounting pressure from Intel and other government officials to pass a final version of the CHIPS Act before the Congressional recess in August. As noted by, officials are concerned that Congress’ slow action on the bill could cause semiconductor companies to turn their attention away from the US.

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