Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Intel company
Global investment

U.S. Intel invests $20 billion to expand microchip production

17.12.2021
2 min read

Intel intends to strengthen its position in the chip market

The U.S. company Intel announced the development of chip production. To this end, it is planned to allocate 20 billion dollars for capacity expansion. The corporation’s management notes that such a measure is dictated by increased competition from Asian manufacturers of components for electronics.
The funds will be used to build new factories and attract major partners in the search for new solutions in chip production. Objects are planned to be built in Arizona, their launch will be in 2024. In addition, the number of facilities outside the U.S., including Europe, will be increased.
The changes will affect the organization of production processes. Part of them will be transferred to third-party partners, the development of new technologies will also go to intermediaries.
A spokesman for Intel said it is considering cooperation with major corporations such as Apple and Qualcomm. Negotiations are now underway to supply them with chips and technology components.
Intel is making such changes in order to strengthen its position in the global market of microchip manufacturers. In recent years, in the segment there is fierce competition, companies from Asia are gradually shifting the traditional leaders, motivating them to develop. Intel Corporation is experiencing rather difficult times for business. Not so long ago it lost a number of major customers, and there were also problems in the production and development of new generation chips.The history of Intel began in 1968, when NM Electronics was incorporated by former employees of Fairchild Semiconductor. After a while it acquired its current name, the main product was the development of semiconductor memory. In 1971, the company made a deal to manufacture microcircuits for calculators for the Japanese firm Busicom. During the manufacturing process, it was decided to assemble all the components into a single chip, which later became Intel’s first successful product. This small part easily replaced a huge computer.
The company was actively growing, acquiring smaller developers and expanding its product range. In 1978 Intel introduced its processor, which a few years later was used by IBM to produce a personal computer.
In 1995, thanks to the success of the Pentium Pro, the corporation became a leader in the processor market, taking a share of sales of 40%. Since 1999, Intel has been listed in the Dow Jones index. At that time, all computers except Apple’s were using Intel processors, and in 2005 Steve Jones’ company switched to Intel products. By 2008, the corporation held about 75% of the microprocessor market.
In addition to this direction, Intel actively develops the direction of data centers, and conducts development of artificial intelligence technology.

Tags: Global investment
0
Previous Post Middle East's largest stock exchange Tadawul prepares for IPO Next Post The Baltic states are stalling the signing of national plans

You Might Also Like

International Finance Corporation
Global investment
International Finance Corporation finances projects in Bulgaria, Romania and Poland
04.05.2025
SpaceX
Global investment
SpaceX received investments for the development of its projects
30.08.2022
investment in real estate in Greece
Global investment
Why investments in real estate in Greece are attractive: a market overview
13.12.2022
plant for the production of batteries for Nissan
Global investment
Nissan will build a plant for the production of batteries in the UK
05.06.2022
HR service
Global investment
HR service Hurma System received funding from the Pragmatech Ventures venture fund
11.05.2021
Dentsu aegis network
Global investment
Dentsu Aegis Network: how the advertising market will change in 2020-2021
14.05.2020

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics