Intel is poised to build a $7bn manufacturing facility in Penang, Malaysia

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The Malaysian Funding Growth Authority, states that Intel has chosen to build a new $7.1 billion manufacturing facility within the state of Penang. The transfer comes amid the continuing international semiconductor scarcity, and though the ability is years away from manufacturing, extra capability will assist to alleviate the potential for such shortages and reduce the potential for calamitous financial fallout sooner or later.

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The transfer comes at a time when semiconductor manufacturing has develop into a geopolitical concern, with the US authorities aiming to shore up home manufacturing and shield itself from provide aspect shocks in areas past its management. This makes Intel’s option to construct a plant in Malaysia an attention-grabbing improvement.

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