With the scarcity of components still at its height, it is therefore increasingly important to find new ways for the industrial sector in the future to respond to constant requests for equipment.
Accordingly, Intel Foundry Services will thus invest up to 200 billion dollars in the chip business. And this investment could be the necessary leverage to make the manufacturer a stronger competitor against rivals TSMC and Samsung.
As we have already had the opportunity to say several times here, the component industry segment has been extremely important. Especially since last year, when the pandemic forced the closure of many factories, while equipment orders clamored due to confinement, teleworking and teleschooling.
Thus, all over the world, and in different segments, the population felt the importance of investing even more in the components industry.
Intel will invest 200 billion dollars in the chip market
Intel is committed to taking seriously the task of not only producing its own chips, but also producing them for other companies. One of the first to be known was Qualcomm, for which Intel will produce chips for the SoC Snapdragon, as of 2024.
The American manufacturer has also joined efforts to increasingly become a rival to rivals TSMC and Samsung. In this sense, in accordance with the recent information, Intel Foundry Services, introduced by CEO Pat Gelsinger, will invest an additional 200 billion dollars in its chip business.
According to Arne Verheyde, an analyst at Seeking Alpha:
First of all, I would say that Intel Foundry Services (IFS) got off to a great start and got a lot of momentum in a short period of time. If IFS is as successful as Intel's $200 billion manufacturing plan suggests, it could become a major new business (which currently has $0 billion in revenue).
Second, investors should be aware that IFS is only one element in Intel's strategy.
In other words, this new investment shows that the manufacturer is optimistic about the success of IFS. And, if success is confirmed, IFS could easily become Intel's third business beyond PCs and Data Centers. So, let's wait for further developments on this subject and analyze the results obtained by this investment in the medium and long term.
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