Intel pushes back construction timeline on $20bn Ohio chip fab
Site is not expected to be completed until 2026
Site is not expected to be completed until 2026
Comes after reports that Altman has been courting Middle Eastern investors for an AI chip venture
Altman reportedly first floated the idea before he was ousted and reinstated as CEO in 2023
Initial investments from the companies total around $471 billion - but derided as a "nothing burger" by analyst
The company has secured $3.2bn in funding from the Israeli government