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Intel's plan to increase chip production using Chinese factory discouraged by US Government
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The great chip shortages are set to continue for a bit longer, as an effort by Intel to up production in China has reportedly been squashed in the United States. The company had put forward the idea to use a factory in Chengdu to increase the production of silicon wafers which could have been set up by late 2022.
While looking into expansion in China, Intel has simultaneously been seeking federal assistance from the United States to increase production and research there. Bloomberg reports that
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24.11 / 08:31
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