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Intel’s Ohio Gamble: Reshoring Chips Amid Corporate Struggles
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Intel’s Ohio Gamble: Reshoring Chips Amid Corporate Struggles
Microchips are the backbone of modern technology, driving devices from cars to military systems. The U.S. currently produces just 12% of the world’s supply, a sharp decline from its historical dominance, as companies like TSMC and Samsung in Asia have taken the lead, often with hefty government subsidies. Intel’s CEO, Pat Gelsinger, has argued that matching such support is critical for the U.S. to compete, leading to a $28 billion initiative to …
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