Intel Affirms Plan for Ohio Project After US Senator’s Pressure

Intel Corp. said that it remains committed to its plans for a sprawling chip manufacturing plant in Ohio after Republican US Senator Bernie Moreno pressed the company for more information about delays in the multibillion-dollar project.

In a letterBloomberg Terminal last week to Intel Chief Executive Officer Lip-Bu Tan, Moreno demanded an update on the projected timeline for completing the factory outside Columbus that’s been delayed until at least 2030, well past the originally expected opening this year. The senator also requested an assessment of the economic impact to Ohio from the delays and gave the company 10 days for a response.