The world's most valuable chipmaker is moving ahead with plans for new facilities in Japan, Arizona, and Germany.
The acquisition aims to expand Synopsys’ customer base and its suite of products.
The administration recently began rolling out $52 billion in subsidies to boost the US semiconductor industry.
'World's largest chipmaking cluster' would be capable of producing 7.7 million wafers a month.
Semiconductor demand is starting to rebound on the back of emerging technologies such as AI.
Company unveils three new desktop chips that will reduce the need to rely on remote AI services.
Former Hewlett Packard exec Justin Hotard will lead Intel's data center and AI group.
Chipmaking equipment firm ASML canceled shipments of some of its machines to China at the request of the Biden administration.
The news potentially deals another blow to the Biden administration's ambition to increase domestic semiconductor supplies.
Intel is expected to begin production with the state-of-the-art lithography system in 2025.