Chip giant Intel is building new factories around the world. According to a newspaper report, a plant in Ohio is now taking a year longer.

The company is trying to dispel concerns about the Magdeburg location. The shares of the US semiconductor company listed in Frankfurt am Main fell by two percent on Friday.. A few days ago, the semiconductor manufacturer provided a disappointing outlook due to weak demand for classic processors for PCs and data centers. Nevertheless, the company is currently planning to expand and build new factories all over the world for the equivalent of tens of billions of euros.