Intel, 3DGS to set up $3.3 billion substrate plant in India's Odisha state

Intel and 3DGS Inc. USA will invest about $3.3 billion to build a substrate manufacturing plant in Odisha, India. The project signals continued supply-chain localization and semiconductor manufacturing expansion in an emerging market. The announcement is modestly positive for the companies and for India's broader chip ecosystem.

Analysis

Intel and 3DGS Inc. USA will invest about $3.3 billion to build a substrate manufacturing plant in Odisha, India. The project signals continued supply-chain localization and semiconductor manufacturing expansion in an emerging market. The announcement is modestly positive for the companies and for India's broader chip ecosystem.