Intel's Ohio One semiconductor plant in New Albany has been delayed again. Why it matters: The gigantic $20 billion project is the largest private investment in Ohio history, promising to create 7,000 construction jobs,

Intel's promised $28 billion chip fabrication plants in Ohio are facing further delays, with the first factory in New Albany now expected to be completed only by 2030, the struggling chipmaker said on Friday.

Intel, the financially embattled chipmaker, has delayed the opening of its first Ohio factory to 2030 or 2031, multiple years after it was to open.