Big news in the world of computer chips! Two giant companies, Intel and TSMC (Taiwan Semiconductor Manufacturing), are competing to make the best computer chips. Intel makes chips in the U.S., but it's facing some challenges.
- Intel's chip-making business isn't growing as fast as it hoped.
- They're delaying opening a new factory until 2030.
- TSMC, a Taiwanese company, is investing a HUGE $100 billion to build new factories in the U.S.!
Company | News | Money Involved |
---|---|---|
Intel | Slowing growth, delayed factory | $53.1 billion (total revenue in 2023), $17.5 billion (foundry sales in 2024) |
TSMC | Investing in new US factories | $100 billion (new investment) |
This means TSMC might become even bigger in making chips, which could affect Intel's future. It's a big competition, and it's all about who can make the best and most chips for computers and other devices!