TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

Italy takes the first step towards becoming the Chip capital of the world

Bishnu Rathi by Bishnu Rathi
January 3, 2023
in Business, Europe, Geopolitics
Italy takes the first step towards becoming the Chip capital of the world
Share on FacebookShare on X

Italy Intel deal: Controlling advanced chip production in the twenty-first century is analogous to controlling the oil supply in the twentieth. The government that controls this manufacturing has the power to constrain the military and fiscal strength of others. In other words, the chip industry is a 21st-century arms race. This is precisely why the United States and China are locked in a cold war over the semiconductor industry

America recently tried to dominate China by limiting Huawei’s ability to outsource its in-house chip designs for manufacture by Taiwan Semiconductor Manufacturing Company (TSMC), a Taiwanese chip foundry. China may respond and escalate via one of its many agile strategic options short of war, perhaps succeeding in coercing the foundry to stop making chips for American companies.

Also Read

Trump Signals G20 Boycott Over South Africa “Israel and Anti-White” Policies. Can BRICS come to rescue President Cyril Ramaphosa ?

“US and Donald Trump must abandon their delusions and recognize North Korea as a Nuclear Power”: Kim Jong Un’s sister warns

Europe clashes with US over F-35 jets, France warns “If countries like Belgium want the US jets, then they should get out of our FCAS programme”

You see, to maintain global leadership through military and defence equipment such as satellites, aircraft, and missiles, a home-grown semiconductor supply chain is critical. This is why countries like China and the United States are attempting to control the semiconductor business. Italy, a European country with a vast Mediterranean coastline, is a recent addition to this list.

According to recent reports, Prime Minister of Italy Giorgia Meloni said she would request a meeting with representatives of Intel (INTC.O) to discuss a possible multibillion-euro investment by the U.S. chipmaker in Italy.

“In the coming days I’ll seek to schedule a meeting, to ask Intel what we can do to facilitate their investment in Italy, which I think is highly strategic,” Meloni said during a press conference.

Read More: Italy tears into the US for its anti-EU IRA, urges EU to come along

Intel earlier announced it aimed to build a chip factory in the Italy as part of a wider plan to invest as much as 80 billion euros ($85.15 billion) over the next decade in building capacity across Europe. This is part of the recognition by Intel that it is too reliant on chipmaking capacity in Asia, and needs to balance this by establishing more fabs in other parts of the globe.

Intel Will Invest $20 Billion On A New Chip Making Facility In Ohio
Source- Forbes

“Today 80 percent of chips are produced in Asia. Our landmark pan-European investment addresses the global need for a more balanced and resilient supply chain,” Intel CEO Pat Gelsinger said during the announcement of its European investment.

Italy, for its part, recognises the significance of the semiconductor industry in today’s geopolitical landscape.

Even during the tenure of then-PM Mario Draghi, commitments were made to invest more than 4 billion euros ($4.4 billion) in developing the domestic semiconductor industry. With Meloni’s assurance, Rome’s vision of becoming a major chip exporter and strengthening Europe’s semiconductor supply chain can become a reality.

Read More: Meloni solves Italy’s energy woes

To be honest, unlike her predecessor, Italian Prime Minister Giorgia Meloni has succeeded in establishing her leadership as a pan-European figure by displaying her competence to deal with the continent’s energy crisis. Her administrative abilities are superlative.

Meloni’s popularity is continually growing, not only in Italy but throughout Europe. Giorgia Meloni is seen as a beacon of hope by Europeans. We’ve all seen how Spain’s conservative Vox Party promoted Giorgia Meloni as part of their campaign ahead of next year’s national elections. Thus, when a leader of her prominence endeavors to make Rome the chip capital of the world, it becomes really noteworthy.

With current technology and its rate of change in mind, a race is on to control the semiconductor production process as it progresses to 3nm techniques in 2023. The United States and China are both constructing internal on-shoring facilities and investing extensively in the production of individual chips and foundries. The global supply chain, particularly those managing export controls through shipping, financing, or insuring commodities, gets caught in the crossfire. Understanding the semiconductor industry and the technological forces driving manufacturing, as well as new export licencing regulations, is becoming increasingly critical. Fortunately, Italy has a bold, fervently patriotic leader like Meloni at the helm, who understands this and works in the best interests of her country. Thus, without a doubt, Italy would soon become a major player in the global chip industry.

Tags: Chip makingItalyShort takesUS
ShareTweetSend
Bishnu Rathi

Bishnu Rathi

Bishnu Rathi, Associate Editor (Global Desk, English) at TFI Media. Undergrad student from Shaheed Bhagat Singh College, Delhi University. I am a geopolitical aficionado with an adherence to Mearsheimerian Realism.

Also Read

Trump Block Taiwan’s Vice President New York Visit: Is ‘U.S. Using Taiwan as a Bargaining Chip’ in China Trade Deal ?

Trump Block Taiwan’s Vice President New York Visit: Is ‘U.S. Using Taiwan as a Bargaining Chip’ in China Trade Deal ?

July 30, 2025
Trump Signals G20 Boycott Over South Africa "Israel and Anti-White" Policies. Can BRICS come to rescue President Cyril Ramaphosa

Trump Signals G20 Boycott Over South Africa “Israel and Anti-White” Policies. Can BRICS come to rescue President Cyril Ramaphosa ?

July 30, 2025
‘Work on America first, gramps!’ – Russian Ex President Dmitry Medvedev and U.S. Senator Lindsey Graham Clash Fiercely Over Trump’s 10-12 Day Ultimatum

‘Work on AMERICA FIRST, Gramps!’ – Russian Ex President Dmitry Medvedev and U.S. Senator Lindsey Graham Clash Fiercely Over Trump’s 10-12 Day Ultimatum

July 30, 2025
“It is time, Zelensky should be removed”, US and UK officials hold secret meeting in Alps, with former Ukraine military chief Zaluzhny: Russian Intelligence

“It is time, Zelensky should be removed”, US and UK officials hold secret meeting in Alps, with former Ukraine military chief Zaluzhny: Russian Intelligence

July 30, 2025
North Korea says the US has to accept its "Nuclear Weapons" as a new reality

North Korea says the US has to accept its “Nuclear Weapons” as a new reality

July 30, 2025
EU attempts to blackmail India? After EU sanctions, now Microsoft blocks services to Russia India owned energy company, India forces Microsoft to back track

EU attempts to blackmail India? After EU sanctions, now Microsoft blocks services to Russia India owned energy company, India forces Microsoft to back track

July 30, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.