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TAP TIMES          -20-                                    MARCH 2022


                       Stocks (from 19)

        wafer fab. Tower later built a 200mm wa-
        fer fab near the existing, older fab.  It also
        operates several fabs in the U.S. and in a
        joint venture in Japan. (See story 35).









                                                                Intel’s Chandler, Arizona site will receive an infusion of $20 billion
                                                                for two more fabs. (Intel)

                                                                Based on Intel’s strong performance in data
                                                                center  processors  over  the  past  several
                                                                years, its obvious the company has come a
                                                                long way from its early “Intel Inside” con-
                                                                sumer  desktop  and  laptop  computers  to
          Intel has expanded its D1X fab in Hillsboro, Oregon. (Intel)  serving the demanding business enterprise
        Foundry services                                        universe.
        Another Gelsinger surprise late last year
        was Intel’s plan to compete with mighty                 54 years old
        Taiwan Semiconductor Manufacturing Co.,                 On July 18, Intel will celebrate its fifty-fourth
        the global leader in providing pure-play                anniversary.  In those five plus decades, it
        wafer foundry services.                                 has endured and propered over many of its
                                                                former contemporaries.
        Last month, just a month after Gelsinger
        movede into the executive suite, Intel an-              The  list includes  Advanced  Memory  Sys-
        nounced the formation of Intel Foundry                  tems, Harris Semiconductor and LSI. They
        Services.                                               have either simply gone out of business or
                                                                have been acquired.

        The company said it aimed to become a
        “major provider of U.S. and European-                   Intel’s impact through the years on semi-
        based capacity” through IFS, a fully verti-             conductor  technology  can  not be mini-
        cal, standalone foundry business.                       mized.  Although the company did not in-
                                                                vent  the  semiconductor  (that  was  Texas
        Betting on capacity demand?                             Instruments),  the  late  Robert  Noyce  was
        Its first IFS location will be at the Chan-             responsible for many important technology
        dler, Arizona Ocotillo campus iin the two               advances including the planar process.
        planned wafer fabs.
                                                                The Market is watching

        Intel, it seems, is betting that demand for             Overall, the  stock  market  has  not  been
        more semiconductor capacity will continue.              kind to Intel. While the stock did make Drs.
        Is the company holding a strong hand?                   Moore and Noyce multi-billionaires, for its
        That remains to be seen, although no                    iconic  status,  INTC  has  performed  below
        turnaround in the shortage appears immi-                most of its contemporaries, including its
        nent.                                                                                          next page
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