It will take a few years to bear fruit.
This injection of funds will come at a good time for Intel. Last week the company reported a, resulting in a rare loss. While some of that is due to the wider economic downturn and excess inventory, it's been spending a lot too. Intel's capital spending spree was aimed at expanding its production capacity, including a plan to buildWhat does all this mean for us? In the short term, not a lot.
are also building new facilities around the world,Semiconductor supply issues look set to remain, especially if relations between China and Taiwan deteriorate further. A halt in Taiwanese manufacturing would be catastrophic for the world economy. There are inflation issues to worry about and theThe CHIPS act won't change the status quo overnight but it's an important step on the path to a more diverse global semiconductor industry.
might make some good chips, but strategically it's in an untenable position. Will the CHIPS act help to reduce reliance on Asia-based manufacturing? Or is it little more than a corporate handout? Only time will tell.Chris' gaming experiences go back to the mid-nineties when he conned his parents into buying an 'educational PC' that was conveniently overpowered to play Doom and Tie Fighter.
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