IMAGE: gettyOn Monday, U.S. Secretary of Commerce Gina Raimondo presented a $52 billion investment proposal aimed at chip manufacturing, which she said should stimulate private investment and lead to the construction of between seven and 10 factories on U.S. soil. Microsoft may soon follow Apple in abandoning Intel, underscoring the central role that chips and semiconductors play as the building blocks in todays economy. Nevertheless, the semiconductor industry is constantly changing and adapting: Apple is beginning to integrate five-nanometer chips in some of its devices, TSMC is making progress in the manufacture of three-nanometer chips and IBM has announced the first two-nanometer chips. The big winners so far have been Taiwan and South Korea, thanks to local chip makers such as TSMC and Samsung. Intels big failure, which last July confessed its incapacity to manufacture chips with seven-nanometer technology, triggering, among other things, Apples decision to start using its own microprocessors, left the US in a very bad place: the United States produced 37% of the worlds microprocessors in 1990, but that proportion now stands at just 12%, leaving the US industry vulnerable.
Intel has made the industry go faster than the strategy for creating chips begins at the 19th century.
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