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Intel turns its eyes to Samsung: It aims to become the second largest chip maker

US-based chip giant Intel, which has recently made large investments to increase the volume of chip production, made remarkable statements about its future plans. The company surpassed Samsung in the semiconductor market to become the world's second largest manufacturer.
 Intel turns its eyes to Samsung: It aims to become the second largest chip maker
READING NOW Intel turns its eyes to Samsung: It aims to become the second largest chip maker
US-based chip giant Intel, which has recently made large investments to increase the volume of chip production, made remarkable statements about its future plans. The company plans to overtake Samsung in the semiconductor market to become the world’s second largest manufacturer.

Intel turns its eyes to Samsung

“Our goal is to be the world’s No. 2 foundry by the end of the decade and we hope to achieve leading foundry margins,” said Randhir Thakur, President of Intel Foundry Services, in an interview with Nikkei Asia. Thus, we can say that the chip giant will compete with Samsung Foundry, which is currently the second largest chip manufacturer in the world.

Historically, Intel, which produces only for itself in the facilities it owns, took a big step last year and announced that production was opened to other companies. In addition, the company, which announced that it will invest 20 billion dollars and a total of 70 billion dollars worldwide to expand its foundry operations in the USA, also plans to purchase Tower Semiconductor, an Israeli foundry company located in Japan.

Today, Intel, which produces in Europe and North America, has a big cost disadvantage compared to Samsung and TSMC in the Asian market. But the chip giant will seize the opportunity to get closer to major semiconductor companies, including AMD, Apple, Intel and Qualcomm.

While Intel has an aggressive roadmap for chip manufacturing process nodes, rivals Samsung and TSMC have already started 3nm production and plan to make the switch to 2nm by 2025. For this reason, we can say that the steps the company will take in the future are a matter of great curiosity.

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