Chip Wars: China’s Chip Maker SMIC Expansion | Chip Shortage |Intel|TSMC|Huawei |US-China

Note: @0:35, should be 20 billion, sorry for any confusion. U.S. semiconductor company Intel announced on March 23 that they will invest 20 billion USD to build two more chip plants in Arizona and will establish the Intel Foundry Services, a new standalone business unit to expand the company’s IC foundry services. Intel’s new strategy is interpreted by experts as a direct challenge to Taiwan’s TSMC and South Korea’s Samsung. And the more practical significance of this plan is to reduce the U.S. dependence on chip imports. The background of Intel’s announcement of this major strategic adjustment is thought-provoking. Since the trade war, the conflict between the United States and China has gradually escalated. On the surface, the confrontation between the U.S. and China has intensified in many areas such as commerce, diplomacy, and military, but essentially, the technology competition between the U.S. and China is more critical, and chips are the top priority. On March 17, Chine