Intel is spending $20 billion to build two new chip plants in Arizona

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Intel is spending $20 billion to build two new chip plants in Arizona

cnbc2021-03-24

KEY POINTS Intel announced on Tuesday that it will spend $20 billion to build two major factories in Arizona. The news comes amid a worldwide chip shortage that is snarling industries from ...

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Comment（18）

Delvin
·2021-03-24
Ok
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Ddazes
·2021-03-24
[得意]
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3
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- potatochip:
  [哇塞]
  2021-03-25
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- Delvin:
  I see
  2021-03-24
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Venus888
·2021-03-24
Wow
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1
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xiaobaii
·2021-03-24
Kindly Help Me Like & Comment Please. Thank You Very Much.
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3
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- lespritdefoi:
  ok
  2021-03-24
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xiaobaii
·2021-03-24
Kindly Help Me Like & Comment Please. Thank You Very Much.
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4
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- lespritdefoi:
  ok
  2021-03-24
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JaydenSee
·2021-03-24
Pls like and comments, thanks
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3
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- Jchptan:
  Comment back pls
  2021-03-24
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TerenceD
·2021-03-24
That’s ??
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- AS78:
  Great. Can like my post and comment? Thanks
  2021-03-24
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MoneyKing
·2021-03-24
Intel ??
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7
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PJoo
·2021-03-24
End to End. Design to manufacturing! Well done!
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Darrs21
·2021-03-24
Like pls thks
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2
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MJ2317
·2021-03-24
Pls like n comment, thanks
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- MJ2317:
  Thanks
  2021-03-24
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- Mevy:
  Ok
  2021-03-24
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ZYMing
·2021-03-24
hope it will successful make.
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陈虎妈
·2021-03-24
Good
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- Weijielim:
  ok
  2021-03-24
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夜裡精靈
·2021-03-24
like ??
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- sansCervelle:
  liked
  2021-03-24
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sansCervelle
·2021-03-24
good
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ALi_BaBa
·2021-03-24
Great
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- sansCervelle:
  awesome
  2021-03-24
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Charmzys
·2021-03-24
Semi con and chips related industries really indemand now wor
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- L1324:
  Indeed
  2021-03-24
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- sansCervelle:
  nice
  2021-03-24
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- Weijielim:
  ok
  2021-03-24
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PigsMightFly
·2021-03-24
Like and comment thanks!
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- sansCervelle:
  thanks
  2021-03-24
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- ZYMing:
  reply back.. thanks
  2021-03-24
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- MJ2317:
  Done
  2021-03-24
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Intel said its foundry subsidiary will be called Intel Foundry Services and will be led by Randhir Thakur, a current Intel senior vice president.\nGelsinger said the foundry business will compete in a market potentially worth $100 billion by 2025 and will manufacture a range of chips, including chips based on ARM technology, which are used in mobile devices, and has historically competed with Intel’s favored x86 technology.\nA slide displayed by Intel suggested that companies includingAmazon,Google,MicrosoftandQualcommcould be customers for the business. Microsoft CEO Satya Nadella appeared at Gelsinger’s talk in a show of support for Intel’s move.\nWhy Intel is opening new factories\nIntel’s commitment to manufacturing has national security implications. Intel said it is entering into a partnership withIBMto improve chip logic and packaging technologies, which will “enhance the competitiveness of the U.S. semiconductor industry and support key U.S. government initiatives.”\nIntel currently operates four factories, called “wafer fabs,” in the United States. In addition to its site in Arizona, which is being expanded, it also has fabs in Massachusetts, New Mexico and Oregon. It also makes chips in Ireland, Israel and has a single fab in China.\nIntel’s foundry will offer a U.S. and Europe-based alternative to Asian chip factories.\nIn February, President Joe Biden said domestic semiconductor manufacturing is a priority for his administration. His administration hopes to fix going chip shortages and address lawmaker concerns that outsourcing chipmaking had made the U.S. more vulnerable to supply chain disruptions.\nIn an executive action, Biden started began a 100-day review that could boost American chip companies with additional government support and new policies.\n“Today’s Executive Order, combined with full funding for the CHIPS Act, can help level the playing field in the global competition for semiconductor manufacturing leadership, enabling American companies to compete on equal footing with foreign companies heavily subsidized by their governments,”Intel saidat the time in response to the executive order.\nGelsinger took overIntelon Feb. 15 from former CEO Bob Swan. Although he was most recently the CEO of VMWare, he started his career at Intel and his appointment has been regarded as a homecoming.\nHe took over a company facing a variety of challenges. Intel had lost its semiconductor manufacturing edge to Asia-based rivals, most notably TSMC. Intel’s most advanced chips use a 14-nanometer or a 10-nanometer process. Intel both designs the chips, then makes them in its own factories, called fabs.\nBut competitors, including Intel customers like Apple and rivals likeAMD, just design the processor, then have it manufactured by an outside chip factory. These chip factories, like TSMC and Samsung, use a more advanced 5-nanometer process, which is superior because more transistors can fit in the same sized chip, boosting power and efficiency.\n“We will pursue customers like Apple” for Intel’s foundry business, Gelsinger said.\nGelsinger said on Tuesday that its 7-nanometer chips are on track to hit a milestone in the second quarter and that it plans to manufacture the majority of its products itself. Still, Intel will increase its use of third-party foundries, including TSMC, Samsung, and GlobalFoundries, he said.\nIntel also announced full-year guidance. The company said it expects $4.55 in adjusted earnings per share on $72 billion, below Refinitiv estimates of $4.77 in adjusted earnings per share and $72.94 billion in revenue in revenue. Intel said it expects $19 billion to $20 billion in capital expenditures for the year. Analysts polled by FactSet had expected $14.59 billion.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":351389026,"gmtCreate":1616563550265,"gmtModify":1704795703708,"author":{"id":"3575200533809324","authorId":"3575200533809324","name":"Delvin","avatar":"https://static.tigerbbs.com/93738020b8156486e54265bfacf43f4b","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3575200533809324","authorIdStr":"3575200533809324"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351389026","repostId":1113086559,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":351920398,"gmtCreate":1616554725514,"gmtModify":1704795591483,"author":{"id":"3570925230110099","authorId":"3570925230110099","name":"Ddazes","avatar":"https://static.tigerbbs.com/6ba801dfb90539ab362f1d1efe8729c7","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3570925230110099","authorIdStr":"3570925230110099"},"htmlText":"[得意]&nbsp;","listText":"[得意]&nbsp;","text":"[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/351920398","repostId":1113086559,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3876511,"gmtCreate":1616634436265,"gmtModify":1680781628040,"authorId":3570923041276809,"author":{"id":3570923041276809,"idStr":"3570923041276809","authorId":3570923041276809,"name":"potatochip","avatar":"https://static.tigerbbs.com/279b09d8c5dbf0fd92a959709ef9b5ff","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":351920398,"type":1,"supId":0,"prevId":0,"content":"[哇塞]","text":"[哇塞]","html":"[哇塞]"},{"id":3868789,"gmtCreate":1616563573615,"gmtModify":1680781505716,"authorId":3575200533809324,"author":{"id":3575200533809324,"idStr":"3575200533809324","authorId":3575200533809324,"name":"Delvin","avatar":"https://static.tigerbbs.com/93738020b8156486e54265bfacf43f4b","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":351920398,"type":1,"supId":0,"prevId":0,"content":"I see","text":"I see","html":"I see"}],"langContent":"CN"},{"id":351046357,"gmtCreate":1616548513579,"gmtModify":1704795496603,"author":{"id":"3572313172431959","authorId":"3572313172431959","name":"Venus888","avatar":"https://static.tigerbbs.com/2eb10c539f367e4d8f1ae8ddf081bfdf","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"3572313172431959","authorIdStr":"3572313172431959"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351046357","repostId":1113086559,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":351053574,"gmtCreate":1616547610598,"gmtModify":1704795478632,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"Kindly Help Me Like &amp; Comment Please. 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