COLUMBUS, Ohio -- Intel’s massive semiconductor project in central Ohio has been delayed, again. On Friday, the company announced that its first chip factory in New Albany wouldn’t open until 2030 or 2031--at least five years later than originally promised.

Intel Corp. has again pushed back the expected opening for its semiconductor project in central Ohio. The struggling chipmaker announced Friday that construction on the first of its two factories — known as fabs — planned for New Albany is now expected to be completed in 2030 and begin operations between then and 2031.

CLEVELAND, Ohio - Intel is delaying its computer chip factory in New Albany for five years. Will the company really follow through? We’re talking about the pause in the giant construction project on Today in Ohio.

The latest development comes after the chip giant announced plans to freeze extra $15bn investment in a chip factory being built in Kiryat Gat, Israel.

Intel’s ambitious plans to establish its first chip fabrication plant in Ohio have hit a significant snag, with the anticipated opening pushed back to 2030 at the earliest. The factory, which is one of two planned by the tech giant in central Ohio,

Intel is further delaying the opening of a much-touted new semiconductor complex in Ohio, marking the latest setback to the chipmaker's expansion plans.