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A semiconductor is defined as a silicon-based material that conducts electricity better than an insulator like glass but not as well as a pure conductor like copper or aluminum. The introduction of impurities, known as doping, can change their conductivity and other properties to match the unique needs of the electronic component in which they live. Semiconductors, often known as semis or chips, are used in a wide range of items, including computers, smartphones, appliances, gaming hardware, and medical equipment (Investopedia, 2021). Smaller, faster, and cheaper products are critical to the semiconductor industry's success. Being small has the advantage of allowing more power to be packed into the same chip. The higher the number of transistors on a chip, the faster it can do its tasks. This fosters severe rivalry in the sector, and new technologies cut the cost of manufacture each chip to the point where a new chip's price could drop by half in a matter of months. Competition is a crucial aspect driving this industry's growth. Each player wants to demonstrate their ability to achieve the greatest results through competition. Furthermore, the industry employs a cost advantage strategy to create lower-cost structures than their competitors. A steady infusion of capital investments into the business to prepare for creative work is an immediate testament to the industry's items' popularity. This is also helpful in determining the industry's success. Sales are,important because no industry can thrive with low or declining sales. As a result, an increase in the sales of the industry's products is directly proportional to the industry's overall growth.

Intel reacted to these factors through the introduction of a cost advantage strategy. Intel is one of just three firms in the world that manufactures semiconductors at the cutting edge of technology. Because of the close relationship between manufacturing, architecture, process design, and packaging technologies, Intel's integrated design and manufacturing methodology gives a competitive edge (Intel.com, 2020). Intel presented a cost-cutting strategy in response to these factors. Intel seemed to know exactly what its clients required for a long time, and they enhanced client execution while lowering expenses. Intel has understandably participated in the buying of front as a response. The industry's cyclicality can provide investors with some peace of mind. Intel is well-coordinated in its efforts to defraud the semiconductor industry through continuous innovation, mechanical development, marking, and promotion. Intel, as the only advanced semiconductor manufacturer based in the United States, is dedicated to maintaining industry leadership and our ongoing cooperation with the US government. Our country still needs a stable, secure indigenous supplier of cutting-edge semiconductors.

Segal, Troy. (2021). Investopedia. What Is a Semiconductor? https://www.investopedia.com/terms/s/semiconductor.asp

Rittener, Jeff. (2020). Intel.com. Building a Future for Semiconductor Manufacturing in America https://www.intel.com/content/www/us/en/newsroom/news/2020-manufacturing-day.html