OpenAI Chief Executive Officer Sam Altman’s plans for a massive buildout of the machinery and systems needed for artificial intelligence are coming into clearer focus, beginning with an effort in US states slated to cost tens of billions of dollars, according to a person familiar with the matter.
China’s top electric vehicle maker BYD Co. won’t announce a major plant investment in Mexico until at least after the US election, according to people familiar with the matter, as shifting American policy forces global businesses into wait-and-see mode.
Six months ago, Intel CEO Pat Gelsinger introduced an ambitious “moonshot” initiative to match semiconductor manufacturing capacities in Europe and the US with those in Asia by 2030. This plan aims to achieve a balanced global distribution of semiconductor production, but realizing this vision now appears increasingly difficult.