https://www.theregister.com/2022/04/27/india_it_would_be_fab/ https://www.theregister.com/2022/04/27/india_it_would_be_fab... India is hoping it can convince I

https://www.theregister.com/2022/04/27/india_it_would_be_fab/ https://www.theregister.com/2022/04/27/india_it_would_be_fab... India is hoping it can convince Intel and TSMC to set up fabs in the country as part of their multibillion-dollar manufacturing expansion blueprint. Bloomberg reported Tuesday that India's government is making pitches to both companies, backed with a $10 billion subsidy plan that can be used to cover up to half of the cost of a new chipmaking plant. The plan also covers new plants for display manufacturers.