Connect with us


Intel chief unhappy with US helping TSMC



The source highlighted a recent speech by Intel CEO Pat Gelsinger, in which he questioned the wisdom of US aid to foreign companies.

“Foreign chipmakers fighting for US subsidies will keep their valuable intellectual property on their shores, ensuring that the most profitable and advanced manufacturing stays there,” the source said.

Gelsinger’s discontent was a decision by Washington to subsidize a $ 12 billion chip factory that is being built in Arizona by TSMC, a technology competitor to Intel.

The US has seduced TSMC with the promise of generous support as part of its efforts to break its dependence on overseas supply of critical products. But Intel – the leading US chipmaker with factories in Arizona and plans to build new ones – couldn’t ignore the actual funding of foreign competitors from American taxpayers.

“We need to go beyond short-term concerns and seriously think about what US chip leadership really looks like,” Gelsinger wrote in an article published by Intel.

“The federal government needs to invest in American intellectual property and capabilities,” Gelsinger continued. “He should invest US taxpayer dollars in companies that are based here and hold their most important assets – including patents and people – domestically.”

He noted that the 5nm manufacturing technology that will be used at TSMC’s Arizona facility, while currently the most advanced, will not be the same in 2024 when the plant goes live.

Two weeks earlier, the US Senate passed a bill providing for the allocation of $ 52 billion to semiconductor enterprises in the form of subsidies.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Latest News

Phones2 hours ago

Honor Magic 3 overtook all Androd smartphones in performance even before the announcement

Honor is preparing for the announcement of the new flagship series of smartphones Honor Magic 3, but so far the...

Electric Cars3 hours ago

Volkswagen says goodbye to Passat, switching to electric vehicles in the US

Volkswagen has announced that production of the popular Passat sedan with a traditional internal combustion engine in the United States...

Components3 hours ago

Google Drive can now block spammers

Google has announced the launch of a new feature of the Google Drive cloud service (Google Drive), which will delight...

Electric Cars3 hours ago

Chery unveils new generation Chery QQ electric hatchback

Chery has finally announced the third generation Chery QQ hatchback, showing real photographs of the car. The new car is...

News3 hours ago

Pergear 60mm f / 2.8 Macro Lens for 2x Zoom

Pergear has announced a 60mm f / 2.8 manual focusing lens for APS-C mirrorless cameras. It comes in variants with...

Wearables3 hours ago

Google almost launched YouTube Music for Wear OS smartwatches

Google first introduced an update to Google Play for Android and Wear OS. With this update, the public has a...

Phones3 hours ago

New wave of COVID-19 in Southeast Asia forces TrendForce to downgrade smartphone shipments forecast for the year

In April and May, the incidence of COVID-19 in India and Vietnam went up. Analysts at TrendForce believe that the...

Phones4 hours ago

Without waiting for MIUI 13: RAM expansion has already appeared for Xiaomi Mi 11 and Mi 10, Redmi K40, while in test form

Xiaomi has begun to distribute the Memory Extension function for a whole line of Xiaomi, Redmi and Poco smartphones. Memory...


Most Popular