Ohio Senator Calls Intel Delays a “Potential Fraud” Against Taxpayers

Ohio senator calls Intel delays a “potential fraud” against taxpayers

NEW ALBANY, Ohio — U.S. Sen. Bernie Moreno, R-Ohio, is demanding answers from Intel over repeated delays at its massive semiconductor project in Licking County, calling the lack of progress a potential betrayal of taxpayers. In a letter sent Tuesday to Intel CEO Lip-Bu Tan, Moreno said Ohioans deserve transparency about the $20 billion project that was once called the largest economic development investment in state history. The New Albany compl…

A look at Intel's $28B Ohio chip factory, the largest economic development project in Ohio's history, initially set for a 2025 opening but now delayed till 2030

Kris Maher / Wall Street Journal: A look at Intel's $28B Ohio chip factory, the largest economic development project in Ohio's history, initially set for a 2025 opening but now delayed till 2030  —  New Albany was supposed to be the site of the chip maker's most advanced semiconductor factory, but progress on the facility is slow