Intel (INTC) has announced delays in opening its new Ohio chip plant, according to a Wall Street Journal report. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel SmithVideo TranscriptRACHELLE AKUFFO: Taking a look at Intel shares moving to the downside this morning. The world's biggest semiconductor chip maker announcing delays to its $20 billion chip manufacturing project in Ohio amid ongoing weakness in the semiconductor market. Now, Intel, obviously, among the rest of the PC market, PC ecosystem market that suffered from the slowdown in PC sales shortly after the pandemic boom that we had seen.

Source: Wall Street Journal February 02, 2024 18:25 UTC