‘Silicon Junction’: Intel to Build $19 Billion German Semiconductor ‘Mega-Site’ to Move Supply Chains Back West
Intel announced it intends to create a “leading-edge semiconductor fab mega-site in Germany” to move supply chains back to the West.
Intel announced it intends to create a “leading-edge semiconductor fab mega-site in Germany” to move supply chains back to the West.
An electricity blackout that affected nearly 5.5 million households and businesses across Taiwan on Thursday was caused by a “human error” that resulted in an equipment malfunction at a power plant managed by the state-run Taiwan Power Co. (Taipower), Taiwan government officials announced late Thursday local time.
The European Union has announced new plans to combat its reliance on foreign bodies — such as Communist China — in regards to microchip manufacturing, including pumping an extra €15 billion into the essential sector.
Ranking member of the House Foreign Affairs Committee Rep. Michael McCaul (R-TX) slammed President Biden’s policy statement on the Democrats “counter China bill” for omitting the word “China.”
Gov. Ron DeSantis (R) announced a nearly $10 million investment in semiconductor production for the state of Florida to combat the United States’ reliance on China and other foreign countries for vital supplies, parts, and materials.
Chip manufacturer Intel has had some setbacks in recent years but has now unveiled a plan to revitalize U.S. chip manufacturing. Along with major upgrades to existing manufacturing facilities, the chip giant plans a major new facility in Arizona. In the near future, the company will announce the location of a $100 billion manufacturing complex.
On Wednesday’s “PBS NewsHour,” Commerce Secretary Gina Raimondo stated that the supply chain problems with semiconductors “could be with us for a while.” And that while “things are going to get a little bit better” over the next 6-9 months,
China’s state-run Global Times on Wednesday credited pressure from big U.S. corporations for pushing the Biden administration to approve the sale of computer chips to China’s Huawei for use in advanced vehicle components.
With the American economy floundering becauswe of shortages, the Biden administration has approved licenses to sell chips to Huawei.
The UK’s largest microchip factory which has been taken over by China reportedly received innovation funding from the British government.
A state-backed Communist Chinese firm has conducted a hostile takeover of the UK’s largest microchip factory amid a global chip shortage.
Intel CEO Pat Gelsinger is calling for the United States to spend billions of dollars over the next few years on a “moonshot” project aimed at boosting America’s role in chipmaking.
President Joe Biden failed to offer any short-term solutions to the semiconductor shortage in the United States, choosing instead to promote his multi-trillion-dollar spending plan on Monday. Biden joined a White House video conference meeting Monday afternoon with his advisers