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If the US chip bill is not passed, these expansion plans may fall through

06/30/2022 US Chip Act, Intel, Global Wafer, chip companies, chips

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(The picture comes from the Internet)


  Recently, a number of chip giants have paid close attention to the progress of the US Chip Act subsidy.


  According to foreign media sources, if the bill is still not passed later this year, a number of chip companies including Intel and Global Wafer may abandon their capacity expansion plans in the United States and choose other regions to carry out plans.


  According to public information, companies that have publicly announced the expansion of production in the United States include leading global companies such as TSMC, Samsung, Intel, Global Wafer, GlobalFoundries, and Texas Instruments.


  Intel's chief executive Pat Gelsinger told a panel at the Aspen Ideas Festival on June 28 that if the U.S. Congress fails to approve the $52 billion in government grants for chip manufacturing promised in the "Chip Act," Intel may be in Europe instead. US expands chip production.


  It is reported that at present, Intel has confirmed that it will indefinitely suspend the groundbreaking ceremony of its chip factory in Ohio (originally scheduled for July 22), and does not rule out the possibility of downsizing. Intel spokesman Will Moss said that Intel will still build a local chip factory as originally planned, and is expected to break ground in the fall, but the speed and scale of the project will depend on the US chip subsidy bill.


  In terms of Global Wafer, on June 28, Global Wafer announced that it will build a new 12-inch semiconductor wafer factory in Sherman, Texas, with an estimated investment of US$5 billion, and the production capacity will be opened in 2025. . But the premise of the expansion is that the US Congress can pass the "American Chip Act" before the August recess.


  Affected by this, U.S. Commerce Secretary Gina Raimondo has repeatedly requested to approve the chip bill that provides $52 billion in subsidies for chip manufacturers as soon as possible, and warned that if the bill is not passed, many chip manufacturers will give up Expansion plans in the United States.


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