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The White House reportedly dissuaded Intel from manufacturing more silicon wafers in China.

November 17, 2021
Source: newsquick24.com newsquick24.com
News Snapshot:
Big picture: Intel is trying to build a more resilient supply chain for its chipmaking efforts, but the company won’t be able to do so in China. The trade war between China and the United States is forcing the chipmaker to take a tough path when it comes to making more silicon wafers, which means an ongoing shortage of chips will persist until at least 2023. Intel is currently working to expand its manufacturing capacity as part of its IDM 2.0 initiative. The company plans to become a strong competitor to chip makers like TSMC and Samsung, and even wants...
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Tags: Biden | Bloomberg | Chengdu | China | chip | chips | Europe | facility | finance | financial | government | Intel | investment | IT | manufacture | manufacturing | picture | president | production | report | Samsung | supply chain | United States | War | White House

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