Intel ‘Stunning Failure’ Heralds End of Era for U.S. Chip Sector
- World’s largest chipmaker considers outsourcing manufacturing
- Crucial technology expertise is shifting overseas, to TSMC
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Intel Corp.’s decision to consider outsourcing manufacturing heralds the end of an era in which the company, and the U.S., dominated the semiconductor industry. The move could reverberate well beyond Silicon Valley, influencing global trade and geopolitics.
The Santa Clara, California-based company has been the largest chipmaker for most of the past 30 years by combining the best designs with cutting-edge factories, several of which are still based in the U.S.