This is probably the dumbest idea Intel has ever done.
GF has no technology worth buying.
Their 7nm process is totally broken.
Intel’s 14nm is better than GF’s.
IF it’s any comfort TSMC is building a chip plant in Arizona.
What is being done now is too little too late.
Starting from around the dot com bubble, advanced chip fabs in the US one by one started shuttering their fabs and sending their chip manufacturing to Taiwan. Due to big tax breaks by the governments in Asia to promote chip manufacturing in their countries, and also dumbass free trade deals signed by US politicians, it became lucrative for US chip manufacturers to shut down facilities here in the US and outsource manufacturing to Taiwan. The consequences of the general cluelessness and lack of strategic foresight from the US are now becoming apparent as the US has lost it’s lead in advanced chip manufacturing. Now in a time when more and more things become dependent on chips and as we enter the era of 5G, Artificial Intelligence, etc more than half of world chip production and 100% of the most advanced technology node chip production is now dependent on a country right in the backyard of the CCP’s military.
Well played by China. While Dubya was blowing trillions of taxpayer money in Iraq and Obama was doing his hopey changey fluff, the CCP was planning and thinking decades in advance.