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

Washington-Intel has told lawmakers and officials that it is indefinitely delaying the cornerstone ceremony for a planned multi-billion dollar chip manufacturing facility In Ohio, a sign of dismay at the uncertainty in Congress about legislation providing support for the US chip industry.

The ceremony was tentatively scheduled for 22 July. Intel notified the Ohio Gov. Office. mike devine And members of Ohio’s congressional delegation said on Wednesday that the law relating to chips, known as the Bipartisan Innovation Act, was delayed “due to the uncertainty” groundbreaking, according to an email reviewed by The Wall Street Journal on Wednesday. .