Stefan Mileschin

Time to help the US semiconductor industry

Intel CEO Bob Swan has penned a letter to President elect Joe Biden acknowleging and congratulating him on being the next President.

Swan said that 2020 has been a particularly disruptive year for the American people. And "we know you are focused on uniting our nation to overcome the challenges posed by COVID-19, racial strife, a growing skills gap and increasing global competition".

He supported Biden's planned investment in American-made goods is critical to US innovation and technology leadership.

According to the Semiconductor Industry Association, the U.S. accounts for just 12 percent of global semiconductor production capacity, with more than 80 percent taking place in Asia. Rising costs and foreign government subsidies to national champions are a significant disadvantage for U.S. semiconductor companies that make substantial capital investments domestically. A national manufacturing strategy, including investment by the US government in the domestic semiconductor industry, is critical to ensure American companies compete on a level playing field and lead the next generation of innovative technology, he wrote

Swan said artificial intelligence, high performance computing and edge-to-cloud computing are critical components in government collection and analysis of data, diagnostics, treatment and vaccine development.

"Intel technology has helped accelerate access to quality data to deliver remote care and protect medical professionals from exposure to infection. As you know, this pandemic has widely affected education, work and other aspects of our daily lives. It is crucial to expand investments in broadband connectivity, particularly to lessen the impact of COVID on the underserved and in communities of colour", he wrote

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