Intel slams US subsidies for TSMC in Arizona's clash of chip titans

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2021-07-16 19:00:09

TAIPEI -- "Foreign chipmakers vying for U.S. subsidies will keep their valuable intellectual property on their own shores, ensuring that the most lucrative and cutting-edge manufacturing stays there."

In Politico last month, Intel CEO Pat Gelsinger took aim at Washington's decision to subsidize the $12 billion chip fabrication plant being built by rival Taiwan Semiconductor Manufacturing Co. in Arizona.

The U.S. lured TSMC with the promise of generous support as part of its effort to break its reliance on foreign supplies of critical parts. But Intel -- America's top chip company, which has its own fabs in the desert state and plans to build more -- has not taken kindly to the funding of foreign competition right on the company's doorstep.

"We must look beyond short-term capacity issues and think seriously about what U.S. chip leadership really looks like," Gelsinger wrote in the article, which Intel paid to have published.