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Baner Club > Blog > Business > Why is the world making such large investments in semiconductors?
Business

Why is the world making such large investments in semiconductors?

I'm at the UK's newest computer chip plant in Durham. Formerly a ceramic pipe factory, from the outside it looks like a big warehouse.

Last updated: 2024/01/12 at 12:58 PM
Published January 12, 2024
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However, the large area is being developed into an advanced center for computer chip production.

One fabrication line, or production line, as the industry refers to them, has already been constructed by Pragmatic Semiconductor.

Enclosed within a spacious chamber, the manufacturing line is equipped with all the costly equipment required to produce computer chips, and the air quality is meticulously managed to prevent any contamination while the process is underway.

Pragmatic has the resources to construct a second line of this kind, and lines three and four will be financed by the £182 million ($230 million) that was announced late last year.

In addition to private investors, Pragmatic obtained money from British Patient Capital, a division of British Business Bank, and the government-backed UK Infrastructure Bank.

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January 12, 2024 January 12, 2024
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