Intel delays groundbreaking ceremony for Ohio plant amid uncertainty over chips legislation

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has told lawmakers and officials that it is indefinitely delaying the opening ceremony of a planned multimillion-dollar chip-making facility in Ohio, indicating frustration over uncertainty in Congress about legislation that would support the chip industry of the USA.

The ceremony had been tentatively scheduled for July 22nd. Intel on Wednesday reported to the office of Ohio Gov. Mike DeWine and members of the Ohio Congressional delegation that it was delaying the start of construction “in part because of the uncertainty surrounding” the chip-related legislation, known as the Bipartisan Innovation Act, according to an email reviewed by The Wall Street Journal.

Intel is still planning to build the facility and has not delayed the start of construction, Intel spokesman Will Moss said. Intel, which announced plans for the plant in January, said it intended to invest at least $ 20 billion in the Ohio facility, and that construction is expected to begin in late 2022 and that production begin in 2025.

The company said in its announcement that spending on the Ohio project could reach $ 100 billion over the next decade, but that the expansion depends in part on the progress of U.S. chip legislation.

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