The trade war between the United States and China continues and will appear to be VERY VERY long. In fact, there is so much distrust on both sides that Joe Biden’s government has decided to put a brake on Intel’s current ambitions to increase the production of processors in several Chinese production lines. Why? Well … for security reasons, of course.
USA doesn’t want Intel chips “Made in China”
So, in a nutshell, Intel had plans to increase manufacturing in China, but those plans have been challenged by the government, led by Joe Biden. In other words, Intel planned to start producing all types of chips in Chengdu, China, in late 2022, but the White House frowned and “recommended” a change in plans.
What does the White House have to do with Intel’s plans? Well … money!
In short, Intel needs government investment to move its plan forward. So when Joe Biden says “No, no, in China no”, that is an insurmountable barrier for the blue giant of microprocessors.
In short, the United States prefers Intel to invest in new production lines in the country or in Europe. And it is precisely for this goal that the money is channeled.