Intel's Swan writes open letter asking President-Elect for investment

November 23, 2020 // By Peter Clarke
Intel's Swan writes open letter asking President-Elect for investment
Bob Swan, CEO of Intel, has written an open letter to President-Elect Joe Biden calling for government investment in US semiconductor manufacturing.

Swan opens his letter by congratulating Biden and Vice President Elect, Kamala Harris, on their election win. But further down a paragraph tries to link Biden's in-coming administration to a policy of the outgoing one, by saying: "Your planned investment in American-made goods is critical to US innovation and technology leadership."

The key sentence follows: "A national manufacturing strategy, including investment by the U.S. 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."

Swan packs his letter with the benefits a vibrant US semiconductor sector and digital infrastructure can bring; including helping against the challenges posed by the Covid-19 pandemic. He also asserts that a well-educated national workforce with a background and capability in technology is the best way for the US to lead the world in technological innovation and ties that to keeping the H1B-visa immigration channel open.

Swan also makes the point that Intel has made gender and racial equity a top priority with the goal of doubling the number of woman and underrepresented minorities in senior management roles.

Related links and articles:

News articles:

US talks to Intel, TSMC about building local foundry fabs

US should spend $34 billion on chip R&D, says report

SIA report assesses US, regional semiconductor industries

CHIPS for America Act promises $22.8 billion in aid

Globalfoundries ready for US government co-investment

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