Intel intends to speed up chip production with two new factories

par stephen nellis

SAN FRANCISCO (Reuters) – Intel has advanced chip production capabilities with an investment of $ 20 billion to build two factories in the US state of Arizona and open factories to external customers, according to an announcement made Tuesday by its new boss. to extend.

The project, presented by Chief Executive Pat Gelssinger, aims to restore Intel’s reputation after the group’s stake fell last year.

This is a direct challenge for two other global companies, capable of manufacturing such advanced technology chips, Taiwan Semiconductor Manufacturing (TSMC) and South Korean Samsung Electronics, and part of a desire to restore the technical balance of power is.

Due to tensions with China, executive in the United States and Europe are concerned about the risk of concentration of semiconductor manufacturing in Taiwan.

Intel shares rose 6.3% after presenting its new strategy and financial goals for the full year of 2021.

(French version Jean Terzien)

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