Manufacturing Digital Magazine December 2024 | Page 55

INTEL ’ S SPEARHEADING OF SEMICONDUCTOR TECHNOLOGY
TOP 10 – MANUFACTURING ACCOMPLISHMENTS

INTEL ’ S SPEARHEADING OF SEMICONDUCTOR TECHNOLOGY

REVENUE : US $ 52.6 BN EMPLOYEES : 131,900 + CEO : PAT GELSINGER FOUNDED : 1968
Intel ’ s US $ 20bn expansion in chip manufacturing is a colossal achievement , for both the future of the company and the future of technology , electronics and manufacturing .
Why ? Because we ’ re still recovering from the global shortage of semiconductor chips during COVID-19 . Without chips , there is no industry 4.0 enabled manufacturing . Intel was awarded up to US $ 3bn in direct funding earlier this year under the CHIPS and Science Act . The only American company to both design and manufacture leading-edge logic chips , Intel has expanded its manufacturing and research sites in New Mexico , Ohio , Oregon and Arizona and worked to secure the nation ’ s domestic chip supply chain .

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