In 2020, Intel reached sales of $ 72 billion in the semiconductor market. The American company therefore remains a leader and its sales continue to grow. Right now the company is focusing more on computers and phones, but that may change.
Given the shortage of electronic chips, we just learned that Intel is in talks with automakers. This industry has become heavily dependent on semiconductors and is looking for solutions not to collapse. The technology giant is already giving him prospects and his CEO Pat Gelsinger has already promised chips within six to nine months.
Europe and the US are trying to respond
To revive the machine, the company is also thinking big, planning to invest $ 20 billion in two new factories in Arizona. This file is being followed very closely by the new Biden administration. The American president just signed an executive order in February with one very clear goal: to ensure that supply chains are safe and reliable.
Europe is not left out in this area. In fact, Old City leaders want at least 20% of the world’s advanced semiconductors to be manufactured locally by 2030. This project is ambitious to say the least, as the EU now produces less than 10% chips worldwide.
To achieve this, a project to create a European foundry is being considered. Samsung and Taiwan Semiconductor Manufacturing Co (TSMC) could be asked to help Europe develop its manufacturing capacity for semiconductors below 10 nm. This is an important issue for the Commission: ” A reduction in critical dependencies will enable the EU to become numerically sovereign and better assert European interests “.
However, the shortage is there and should continue at least until the end of the year. Some phone manufacturers such as Xiaomi no longer rule out having to increase the price of certain products due to rising costs.