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Intel ends chip manufacturing in U.S.

Intel ‘Stunning Failure’ Heralds End of Era for U.S. Chip Sector

Over the years, Intel has spent tens of billions of dollars updating its factories, and all of Swan’s predecessors touted them as a crucial advantage that kept the company ahead of the rest of the industry. As the largest chip producer, Intel benefited from economies of scale and attracted the most experienced engineers and scientists

“By outsourcing leading edge technology, presumably to TSMC, Intel would give up what has been its main source of competitive advantage for 50 years,” Caso of Raymond James said.
<p>Another sad day for the U.S.<br></p>
It sure is.

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