There is no single reason for today’s shortages, but supply chain management business practices, the global pandemic, and unforeseen demand for certain products all contributed. The most important lesson may be that the U.S. has too little capacity for manufacturing semiconductors and is overly dependent on suppliers based abroad.
As part of our plan to accelerate the United States’ return to industry leadership, we are significantly expanding our manufacturing capacity in the U.S., both to produce our own products as well as those of other companies through our new Intel Foundry Services business. We are starting with a $20 billion investment in advanced semiconductor manufacturing operations in Arizona and a $3.5 billion investment in New Mexico for advanced packaging.