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Why Is Intel (INTC) Stock Down Today?
IntelIntel(US:INTC) InvestorPlace·2024-02-02 16:13

Intel (NASDAQ:INTC) stock is falling on Friday following reports that the semiconductor company is delaying the opening of its Ohio manufacturing facility.According to recent reports, Intel won’t open this facility until sometime in 2026. That’s a significant delay considering it was previously planning to start chip production at the location this year.Intel says that it is still dedicated to opening the facility and that it’s made a lot of progress toward that goal over the last year. However, investors a ...