Intel has pushed back its timetable for two huge factories in Ohio by at least a year as the company’s sales growth remains tepid.

In a statement, Intel said it “will not meet the aggressive 2025 production goal that we anticipated” when it announced the $20 billion Ohio project two years ago. But the company said it has 800 construction workers on site near Columbus and expects “several thousand” by year’s end.

“As we said in our January 2022 site-selection announcement, the scope and pace of Intel’s expansion in Ohio may depend on various conditions,” Intel said.

The Wall Street Journal, which first reported the delays, said Ohio construction won’t be finished until late in 2026.

Intel’s delays in Ohio follow similar delays by Samsung for a factory under construction in Texas and Taiwan Semiconductor Manufacturing Co. pushing back the timetable for a factory in Arizona. All those companies are pursuing a share of $52 billion in federal grants Congress authorized to bolster domestic chip production.

The semiconductor industry’s rapid rebound after the pandemic has cooled somewhat. Intel’s revenue fell 20% in 2022 and another 14% last year. Last week, the company issued a weak sales forecast for the first part of 2024 and that news sent Intel’s stock down sharply.

Intel is recovering from years of technological lapses that cost the company its lead in semiconductor manufacturing technology. Intel has made up much of that ground since CEO Pat Gelsinger took over in 2021 but has lost market share in the lucrative data market and is far behind Nvidia and other chip companies in developing chips for artificial intelligence.

In addition to the Ohio project, Intel plans new factories in Germany, Arizona and Israel. It is also preparing a “multibillion-dollar” expansion of its D1X research factory in Hillsboro. The company has secured $115 million in state funding for the Oregon project.

Intel hasn’t set a public timetable for the Hillsboro expansion but planning documents indicate construction could begin next year. The company declined to say Friday whether it has changed its schedule, instead reiterating that it wants to develop a more advanced production process at its Oregon factory.

“We are in the planning phase to ensure we are ready for potential future expansion and enabling new manufacturing process technology in support of Intel’s ongoing research and development and manufacturing activities in Oregon,” Intel said in a statement.