Kicking Pat Gelsinger, Intel’s CEO, has ruled out the notion that the company will build semiconductor facilities in the UK because it’s not part of the European Union anymore.
Gelsinger told the BBC that it would definitely have considered investment in the UK but Brexit has dashed any hopes of that happening.
He said that Intel had already received 70 proposals from 10 EU countries.
Intel will likely get support from the EU before the end of 2021.
The EU is worried that relying largely on semiconductors manufactured in Asia could compromise security.
The fact is, however, that when Intel invests, the European Union can never hope to catchup with Taiwanese outfit TSMC and South Korean firm Samsung. As for the UK, the government let ARM slip through its hand when the firm was sold to Softbank. Nvidia is currently attempting to buy ARM.
