The Intel logo is displayed outside of the company’s headquarters in Santa Clara, California, on January 16, 2014. Photo: AFP
The Intel logo is displayed outside of the company’s headquarters in Santa Clara, California, on January 16, 2014. Photo: AFP

Intel to spend billions to revive chip manufacturing in the US and chase TSMC

  • New Intel foundry business will make chips for other companies
  • CEO Pat Gelsinger says the company will invest US$20 billion in two new Arizona plants

The Intel logo is displayed outside of the company’s headquarters in Santa Clara, California, on January 16, 2014. Photo: AFP
The Intel logo is displayed outside of the company’s headquarters in Santa Clara, California, on January 16, 2014. Photo: AFP
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