Intel will receive $8.5 billion in work and $11 billion in employees from U.S. government incentive programs for chip production. The portion of the resources will be used to build and modernize factories in the states of Arizona, Novo México, Ohio and Oregon. All this, a plan Intel invested 100 US dollars over the next five years.
Como observes a CNBCa company loses a little of its luster and its faith ultrapassed in the reception of Nvidia, as the market value of AMD and Qualcomm. Furthermore, Intel is a unique situation, which is responsible for the project and manufacturing of its products. And AMD, Nvidia and Qualcomm are “fabless” companies, which design chips and manufacture them for other companies, like TSMC, of Taiwan, and Samsung, of South Korea.
EUA depends on China and Taiwan in chips
The funding is part of an initiative by President Joe Biden's administration. Compliant with the Chips Act, the program aims to increase the production of semiconductors in the United States. How to observe the notification agency ReutersThe EUA accounted for 37% of global potato chip production in 1990; In 2020, this sum was only 12%.
Meanwhile, China and Taiwan have made great progress in the production of components of this type. Incentives are a form of reducing the dependence of EUAs on the external market. US policy believes that conflict in the region poses problems for semiconductors.
Pat Gelsinger, CEO of Intel, said his meta has been that for the past decade, 50% of global semiconductor production, or all companies, has come from the EUA and Europe.
Intel wasn't the only one to benefit from US government incentives: GlobalFoundries, Microchip and BAE Systems received funding. TSMC is also expected to consider a program for a factory in Arizona that produces chips for Apple and AMD.
Information on: CNBC, Reuters, Financial Times
