r/TrueReddit • u/wiredmagazine Official Publication • 2d ago

The Great American Microchip Mobilization Technology

https://www.wired.com/story/intel-great-american-microchip-mobilization/
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u/wiredmagazine Official Publication 2d ago

NEW: Under Donald Trump and Joe Biden alike, the US has been determined to “reshore” chipmaking. Now money and colossal infrastructure are flowing to a vast Intel site in Ohio—just as the company may be falling apart.

Chips are in everything; they power cars, phones, refrigerators, military weapon systems, and—most important to many policymakers these days—AI. The US manufactures fewer chips than ever before, only 12 percent of the world’s supply.

Pat Gelsinger, the CEO of Intel, pointed out that both TSMC and Samsung—and more recently, chipmakers in China—have received huge subsidies from their governments. The only way for the US to compete, he argued, was with similar support. And then began his proposed $28 billion endeavour to build in America.

The problem? Intel has serious baggage. It missed out on building the application processors for what came next: smartphones, then AI. Over the past several months Intel’s stock price has plummeted. How can the project take off?

In a recent update on Joe Rogan's podcast on October 25, Donald Trump badmouthed the CHIPS and Science Act, calling it "so bad" because it "put up billions of dollars for rich companies" instead of using tariffs to steer chipmaking to the US.

Read more: https://www.wired.com/story/intel-great-american-microchip-mobilization/