Semiconductor supply chains in Asia significant for Intel: CEO Pat Gelsinger
Semiconductor supply chains in Asian countries such as India, China, Malaysia, Taiwan, Vietnam, and Indonesia are becoming more significant over time for Intel, the company’s chief executive officer Pat Gelsinger said.
“With our footprints in Malaysia and the vast supply chains in China and Taiwan, and areas like Vietnam, Indonesia, and India are now becoming more significant. As these projects start coming online with their manufacturing capabilities, we will have a robust Americas supply chain, and robust supply chain in Europe and Asia,” Gelsinger said, responding to a question from ET.
Elevate Your Tech Prowess with High-Value Skill Courses
Offering CollegeCourseWebsiteIndian School of BusinessISB Digital Marketing and AnalyticsVisitIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitIntel, he said, was uniquely positioned to benefit from these supply chains across the world and wanted to be in a position where the company would have semiconductor fabrication or packaging and manufacturing units in all these geographies.
Earlier in the day, Gelsinger said that the company would invest more than $100 billion over the next five years to augment its semiconductor capacities in the US. In 2022, the company had announced it would build one of the largest chip fabrication plants globally in Ohio with a total investment of $100 billion. The initial investment in the plant would be $20 billion, Gelsinger had then said.
With the rise of computing powers and the need for better, inexpensive computing solutions rising globally, semiconductors and processors would
