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Intel to Build Chips for Other Companies With New Foundry Business

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The company is spending $20 billion to build two new fabs in Arizona to support the foundry business. Intel is hoping even Apple will one day become a client.
(Credit: Intel) Intel is making a new push into the foundry business, which will involve manufacturing custom computer chips for tech companies and Western governments. The news means Intel could end up building ARM chips for Qualcomm and Apple—assuming it can win them over as customers. It will also put Intel in closer competition with the two biggest foundries in the market, TSMC and Samsung, which also build chips for AMD and Nvidia. Intel previously dabbled into the foundry business in 2013. But the company’s new CEO, Pat Gelsinger, said this time the company sees a massive opportunity, pointing to the global shortage for computer chips, most of which are currently made in Asia. Credit: Intel “Intel is in a unique position to rise to the occasion and meet this growing demand while ensuring a sustainable and secure supply of semiconductors for the world,“ Gelsinger said on Tuesday.

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