Intel

The Biden administration is moving forward with plans to potentially build several semiconductor plants in the U.S. to increase chip production amid a global shortage.

One of the leading voices in the semiconductor industry sees the chip-supply problems stretching as far as 2023.

A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.

Intel Corp.’s CEO reiterated on Monday that the global shortage of semiconductors could take a few years to resolve.

Intel said on Sunday it will invest another $600 million in Israel to expand its research and development (R&D) and confirmed it was spending $10 billion on a new chip plant.

Intel's CEO delivers sobering news on the global chip shortage.