The global chip crisis has shown how important investment in chip casting facilities is. The chip giants, which have rolled up their sleeves, albeit late, are making investment plans of almost a hundred billion dollars. As a result, countries that are suitable for investment also benefit from this in the best way.
Intel’s move to India
The USA ranks first in chip investments. Intel, Samsung and TSMC will spend almost half of the total on US soil. Then come countries such as South Korea, Italy, Germany, Taiwan. India is also on the radar.
Sources close to Intel state that the company is in talks with Indian authorities over Tower Semiconductor, which it has recently purchased. Normally, Tower Semiconductor had been in talks for a chip factory in India for about 10 years, but the project had come to the stage of cancellation. Intel has now rekindled the talks. Negotiations are expected to be concluded in the near future.
India, which provides significant tax exemptions for technology investments, also attracts the attention of giants in this respect. The government’s warm attitude towards Intel investments was an important factor in the resumption of negotiations.
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