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Saturday, June 19, 2021

$52B investment in chip manufacturing

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Could ad 7, 8, 9, 10 additional US factories

The US commerce Sec. Raimondo is reportedly saying that $52 billion for chip manufacturing could result in 7, 8, 9 10 additional US factories.

Intel announced that they were investing $20 billion for two new “fabs” in Chander, Arizona. Rivals Taiwan Semiconductor will also invest $12 billion in an advanced chip factory also in Arizona.  Micron see yellow saying they will spend $3 billion on a factory in Virginia. 

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