Intel CEO Pat Gelsinger’s ‘No-Brainer’ Plan To Solve Chip Shortage
‘There’s certain aspects of this that I would say is a no-brainer. It underlines every industry, American competitiveness this is so straightforward,’ says Intel’s CEO Pat Gelsinger. By Mark Haranas April 13, 2021, 01:21 PM EDT
Intel’s new CEO, Pat Gelsinger, virtually met with President Joe Biden and his administration on Monday urging the federal government to fund his vision of boosting domestic semiconductor manufacturing to new heights for the sake of national security and solving major semiconductor supply chain issues.
“I believe our moonshot should be that one-third of the supply of semiconductors should be back on American soil by American companies,” said Gelsinger in an interview with CNBC this week. America’s share of the global chip manufacturing market was 37 percent in 1990, but has fallen to 12 percent in 2021, with Asia dominating the in
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