¼ÐÃD: Intel to spend US$20 billion on US chip plants as CEO challenges Asia dominance
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lily9889 (lily9889)

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Intel to spend US$20 billion on US chip plants as CEO
challenges Asia dominance




Intel will greatly expand ทดลอง ปั่น สล็อต ฟรี its advanced chip manufacturing capacity as
the new chief executive announced plans to spend as much as US$20 billion to build two
factories in Arizona and to open up its factories to outside customers.



The move by CEO Pat Gelsinger on Tuesday aims to restore Intel's reputation after
manufacturing delays sent shares plunging last year. The strategy will directly challenge
the two other companies in the world that can make the most advanced chips,

Taiwan's Semiconductor Manufacturing Co (TSMC) and Korea's Samsung Electronics.


And it will also aim to tilt a technological balance of power back to the United States and
Europe as government leaders on both continents have become concerned about the risks of
a concentration of chipmaking in Taiwan given tensions with China.



Intel shares rose 6.3 per cent after the company disclosed its new strategy and full-year
financial guidance for 2021. Some investors such as Third Point LLC had previously urged
Intel to consider spinning off its costly chip manufacturing operations.



Intel said it expects US$72 billion in revenue and adjusted earnings per share of US$4.55,
compared with analyst estimates of US$72.9 billion and US$4.77 per share, according to
Refinitiv data. The company said it expects to spend US$19 billion to US$20 billion on capital
expenditures.



Gelsinger said that 2021 forecast "reflects the industry-wide shortage" of some components
such as substrates.



Intel is one of the few remaining semiconductor companies that both designs and
manufactures its own chips. Rival chip designers such as Qualcomm Inc and Apple Inc rely
on contract manufacturers.


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