Science & Technology
Intel plans $20 bln chip manufacturing site in Ohio – sources
Intel Corp on Friday is set to announce it will invest $20 billion in a massive new manufacturing site near Columbus, Ohio to develop and manufacture advanced semiconductor chips, sources briefed on the matter told Reuters.
The planned investment includes 3,000 permanent jobs on the 1,000-acre site in New Albany, Ohio. Time magazine, which first reported the news, said Intel will build at least two semiconductor fabrication plants.
President Joe Biden is making remarks Friday on the U.S. government’s efforts “to increase the supply of semiconductors, make more in America, and rebuild our supply chains here at home,” the White House said earlier.
Intel Chief Executive Pat Gelsinger is set to appear with Biden on Friday at the White House, sources told Reuters. The White House did not respond to a request for comment.
The initial $20 billion is the first step of what could be an eight-factory complex costing tens of billions of dollars.
Intel declined to comment on its plans but said in a statement that Gelsinger would disclose details Friday of “Intel’s latest plans for investment in manufacturing leadership” as it works “to meet the surging demand for advanced semiconductors.”
Chipmakers are scrambling to boost output after manufacturers around the world, from autos to consumer electronics, faced shortages of chips. Intel also is trying to win back its position as maker of the smallest and fastest chips from current leader TSMC , which is based in Taiwan.
Gelsinger last fall also said he planned to announce another U.S. campus site before the end of the year that would eventually hold eight chip factories.
He told the Washington Post the complex could cost $100 billion over a decade and eventually employ 10,000.
Gelsinger is driving Intel plans to expand, especially in Europe and the United States, as it seeks to heat up competition with global rivals and respond to a worldwide microchip shortage.
Intel and Italy are intensifying talks over investments expected to be worth around 8 billion euros ($9 billion) to build an advanced semiconductor packaging plant, Reuters reported late last year.
The Biden administration is making a big push to convince Congress to approve $52 billion in funding to dramatically increase chip production in the United States. The Senate in June voted 68-32 for the chips funding as part of a broader competitiveness bill, but it has been stalled in the House.
House Speaker Nancy Pelosi said Thursday she hopes to “go to conference” on the chips funding measure soon.
Still, Intel’s plans for new factories will not alleviate the current demand crunch, because such complexes take years to build. Gelsinger previously said he expected the chip shortages to last into 2023.
In September, Intel broke ground on two factories in Arizona as part of its turnaround plan to become a major manufacturer of chips for outside customers. The $20 billion plants will bring the total number of Intel factories at its campus in the Phoenix suburb of Chandler to six.
Intel told Time it considered 38 sites before picking New Albany, Ohio in December. Ohio has agreed to invest $1 billion in infrastructure improvements to facilitate the factory, Time said.
Science & Technology
NASA set for first crewed moon return in over half a century
NASA is preparing to launch the first crew of astronauts toward the moon in over 53 years with its second Artemis mission, a key test flight in humanity’s broader lunar goals as the U.S. races to reassert leadership in space faced with growing competition from China.
Three U.S. and one Canadian astronaut are due for liftoff aboard NASA’s Orion capsule and Space Launch System rocket on Wednesday for a 10-day test mission swinging around the moon and back, a winding journey taking them deeper into space than humans have ever gone before, Reuters reported.
The mission is the first crewed test flight in NASA’s Artemis program, the flagship U.S. effort to begin regular flights to the moon, at an estimated cost of at least $93 billion since 2012. Not since Apollo 17 in 1972 have humans touched down on the moon’s surface, a tricky feat NASA aims to repeat in 2028 at the rugged lunar south pole.
The U.S. is the only country to have put humans on another celestial body with its six lunar landings of the Apollo program, driven by competition with the former Soviet Union.
China, a formidable technological rival to the U.S., has made steady progress in its own moon program in recent years, with a string of robotic lunar landings and a 2030 goal to put its own crew on the surface. U.S. officials have focused on beating China to the surface.
ANSWERING ‘THE QUESTION OF OUR LIFETIME’
NASA astronaut Christina Koch, Artemis II mission specialist, on Sunday said the moon is a “witness plate” to the solar system’s formation, and a stepping stone to Mars, “where we might have the most likelihood of finding evidence of past life.”
“Many, many countries have recognized the value that there is in exploring further into the solar system, to the moon and on to Mars,” she told reporters. “They recognize that not only can we gain all these extremely tangible benefits, but that we have the opportunity to answer the question that could be the question of our lifetime, which is, are we alone?”
“Answering that question starts at the moon,” she said. “The question is not should we go, but should we lead, or should we follow?”
Through a series of increasingly advanced Artemis missions extending into the next decade, the U.S. aims to set precedent for how others will operate and coexist on the moon’s surface, where someday countries and companies can exploit rocky lunar resources and practice for much more difficult missions to Mars.
COMMERCIAL LUNAR MARKET
NASA is relying on an array of companies in its moon program with the hope of stimulating a commercial lunar market in the future, the value of which is hard to estimate, analysts say.
A PricewaterhouseCoopers report from January estimates $127 billion in revenues by 2050 from lunar surface activities, with investments potentially reaching $72 billion to $88 billion through the same period.
But for now, and in the near future, governments will drive companies’ lunar strategies and revenue. It will be a long time before commercial growth exists on the moon independently of government funding, said Akhil Rao, an economist at analysis firm Rational Futures who was a research economist at NASA.
“NASA did not see a short-run economic value that companies would be able to derive that would allow NASA to be hands-off,” said Rao, who was among a team of economists and space policy staff laid off last year amid the Trump administration’s sweeping federal workforce cuts.
The Artemis II mission will pose a greater test of NASA’s Orion capsule and SLS, which conducted a similar mission without crew in 2022. The astronauts on board will test critical life-support systems, crew interfaces, navigation and communications before NASA proceeds with more complex missions in the following years.
Liftoff is scheduled for April 1, though it could happen any day after until April 6, depending on weather conditions in Florida and any last-minute snags with the rocket. Thereafter, another launch window, determined largely by the orbital mechanics between Earth and the moon, opens on April 30.
Artemis III, the next mission planned for 2027, will involve the Orion capsule docking in Earth’s orbit with NASA’s two lunar landers – the Blue Moon system from Jeff Bezos’ Blue Origin and Starship from Elon Musk’s SpaceX. The delicate tag-up will demonstrate how the landers will pick up astronauts before heading for the moon’s surface.
That mission was added to the program in February by NASA’s new administrator, Jared Isaacman, a billionaire private astronaut who has more broadly shaken up the program with new objectives. His decision pushed the program’s first crewed lunar landing to Artemis IV.
The architecture is more complex than the Apollo missions, involving an array of companies funded by NASA with the hope of stimulating private competition and market activity around the moon. Boeing and Northrop Grumman lead SLS and Lockheed Martin builds Orion for NASA.
SpaceX and Blue Origin are developing their own landers with NASA funding but under different types of contracts that allow them to offer the spacecraft to other customers.
Science & Technology
Trump administration set to receive $10 billion fee for brokering TikTok deal, WSJ reports
Vice President JD Vance had in September said that the new U.S. company will be valued at around $14 billion.
President Donald Trump’s administration is set to receive a roughly $10 billion fee from investors in the recently completed deal to take control of TikTok’s U.S. business, the Wall Street Journal reported on Friday, citing people familiar with the matter.
TikTok’s Chinese owner, ByteDance, in January finalized a deal to establish a majority American-owned joint venture that will secure U.S. data, to avoid a U.S. ban on the short video app used by over 200 million Americans.
TikTok USDS Joint Venture LLC will secure U.S. user data, apps and algorithms through data privacy and cybersecurity measures. It disclosed few details about the divestiture.
Vice President JD Vance had in September said that the new U.S. company will be valued at around $14 billion.
The payment is part of the agreement through which investors friendly with the administration gained control of TikTok’s U.S. operations from ByteDance, WSJ said. It is on top of the investments already made to establish a new entity to operate the app in the U.S.
Investors Oracle (ORCL.N), Silver Lake, Abu Dhabi’s MGX and other backers paid about $2.5 billion to the Treasury Department when the deal closed and are to make a number of subsequent payments until the total reaches $10 billion, per the Journal.
TikTok and the White House did not immediately respond to Reuters requests for comment.
Officials from the administration have said the fee is justified, citing Trump’s role in rescuing TikTok’s U.S. operations and guiding negotiations with China to complete the deal while tackling lawmakers’ concerns over national security, according to WSJ.
Earlier this month, Trump and U.S. Attorney General Pam Bondi were sued by retail investors in two social media rivals of TikTok seeking to reverse the U.S. president’s approval of a deal by the company’s Chinese owner ByteDance to form a majority American-owned joint venture.
Science & Technology
NASA eyes March 6 launch of astronaut moon mission
Artemis program managers completed a comprehensive simulation of the Space Launch System’s launch-day countdown, but said remaining work could still push the launch date further into March.
NASA officials said the agency was targeting March 6 for the launch of four astronauts around the moon and back as part of its Artemis II mission after overcoming rocket-fueling snags in a second key launch rehearsal this week, but cautioned that remaining prep work could warrant more time.
The U.S. space agency on Thursday night capped a nearly 50-hour rehearsal of the Artemis II launch countdown, fueling the rocket with some 730,000 gallons of propellant without running into the pesky hydrogen leaks that hobbled an initial rehearsal last month, officials said during a news conference.
Artemis program managers were elated that the Wet Dress Rehearsal, a comprehensive simulation of the Space Launch System’s launch-day countdown, went smoothly, but said remaining work ahead could still push the launch date further into NASA’s March launch window.
“I felt like last night was a big step in us earning our right to fly. So, felt really good, very proud of the team,” said NASA launch director Charlie Blackwell-Thompson.
Remaining work includes testing the rocket’s flight termination system and conducting a sweeping Flight Readiness Review, a day-long meeting of agency management during which they effectively double-check all rocket hardware and mission procedures before liftoff. – Reuters
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