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Chronicles

The story behind the story

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Intel becoming a chip foundry is its biggest business shift in nearly 40 years, meaning US industrial policy rests on one of tech's most complex turnarounds yet

Once the leading player in the semiconductor industry, the company is attempting to pull off one of tech's most complex turnrounds

Financial Times Richard Waters

Discussion

  • @adam_tooze Adam Tooze on x
    “In less than a decade, Intel has slipped from being one generation ahead of its rivals in the latest chip technology to being one generation behind.” The industrial policy enthusiasm around CHIPS act is a bet a long!!!! odds https://www.ft.com/...
  • @adam_tooze Adam Tooze on x
    “a central piece of US industrial policy is riding on one of most difficult and complex tech turnrounds ever attempted. As Commerce weighs how to distribute the Chips Act subsidies, deciding how fiercely to back Intel will be a central question.” https://www.ft.com/... https://tw…
  • @ultra_beige Max Stadler on x
    ps / as this ominous BCG chart (left) seems to be making the rounds again ... (in which Eurochip-Land sees a very steep decline); as far as the EU is concerned, it actually looks far less dramatic depending on what exactly is factored in, eg ESIA (right) https://www.ft.com/... ht…
  • @financialtimes @financialtimes on x
    With $52bn in subsidies committed to supporting the chips industry, the US may have little choice but to bet heavily on Intel in its bid to bring leading-edge manufacturing back to the country. https://www.ft.com/... https://twitter.com/...
  • @bettercity Nicholas Russell on x
    In 1990, Europe and US made 80% of world's semiconductors, and Asia 20%. Now, in the age of AI and ubiquitous computing, Asia makes >80%, and Europe and US <20%. This (excellent) article is about whether the US can lead again. Europe does not feature. https://www.ft.com/... https…
  • @adam_tooze Adam Tooze on x
    Intel made its fateful decision on lithography a decade ago, but in terms of sheer market share the US lost its preeminence in chip manufacturing in the 1990s. And Europe's fall from leadership was even more precipitate. https://www.ft.com/... https://twitter.com/...
  • @workmj Michael Jackson on x
    “A central piece of US industrial policy is now riding on one of the most difficult and complex tech turnrounds ever attempted.” https://www.ft.com/...