Intel is preparing to build a US$7 billion manufacturing plant in Penang, Malaysia

According to the Malaysian Investment Development Authority, Intel chooses to build a new $7.1 billion manufacturing plant In Penang. This move was carried out in the context of a continuing global semiconductor shortage. Although the facility is still several years away from production, increasing production capacity will help reduce the possibility of this shortage and reduce the possibility of disastrous economic consequences in the future. sex.

This move comes at a time when semiconductor manufacturing has become a geopolitical issue. The US government aims to support domestic production and protect itself from supply-side shocks in areas beyond its control. This makes Intel’s choice to build a factory in Malaysia an interesting development.