Intel, the financially embattled chipmaker, has delayed the opening of its first Ohio factory to 2030 or 2031, multiple years after it was to open.

"Intel is committed to building two leading-edge fabs in Ohio ... And as demand for chips in AI and data centers picks up, Choi and Wang said Intel will struggle to compete for now.

Intel Foundry Shake-Up ... announced earlier this month that it would invest an additional $100 billion building data centres in the U.S., bringing total spending to $160 billion.

The Intel 3 process node has been in mass production for several months, powering Xeon 6 data center chips. Meanwhile, the latest Intel 18A process is being sampled by laptop manufacturers.

Under the proposal, the Taiwanese chipmaking giant would run the operations of Intel's foundry division ... in the United States that involves building five additional chip facilities there ...

(Reuters) -Shares of Intel closed 14 ... billions of dollars into building out its chip-making business. Intel has posted several quarters of market share losses in data centers and PCs, as well ...

Earlier this month, Intel rival TSMC said at a press event with Trump that it plans to make a fresh $100 billion investment in the U.S. that involves building five additional chip facilities.

Intel has started using TSMC for certain products ... potentially eroding AMD’s future data center and AI market share. AMD is still growing at a healthy rate, but slower than Nvidia and ...