https://wccftech.com/intel-vs-tsmc-chip-war-has-started-and-heres-everything-you-need-to-know/

In a highly anticipated move, Santa Clara chip giant Intel Corporation announced its latest strategy to diversify operations in order to cater to the expected demand increase for silicon products over the coming years. Intel's new strategy, officially dubbed as "IDM 2.0", centers around capacity expansion, and opening its doors for chip foundry customers who currently rely on a handful of companies such as the Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics' foundry arm Samsung Foundry for their chip needs.

The highlight of the deal is a $20 billion investment in Ocotillo, Arizona, dedicated to expanding the company's current capacity by adding two new facilities that will serve both Intel's customers and future foundry partners. This particular announcement comes as both TSMC and Samsung Electronics turn to the state for their facilities, with TSMC already having committed and Samsung evaluating its options.