agent Entrepreneur logo
MenuMENU
SearchSEARCH

Intel CEO Urges Moving Chip Production to U.S. and Europe

CEO Pat Gelsinger says government funding is needed to address an overconcentration of production in Asia. 

January 21, 2022
Intel CEO Urges Moving Chip Production to U.S. and Europe

 

Credit:

Intel

1 min to read


 

Intel Corp CEO Pat Gelsinger urged the U.S. and Europe to continue efforts to bring back chip manufacturing. He says government funding is needed to address an overconcentration of production in Asia. 

The ongoing chip shortage has affected everything from cars to iPhones. It also highlighted the lack of production outside of Asia. Increasing tensions with China also have put pressure on U.S. lawmakers to restore local manufacturing.

Ad Loading...

Gelsinger said Intel will soon announce expansion plans for its manufacturing in the U.S. and Europe. According to Bloomberg, the chipmaker also plans to build a production base in Germany and other facilities in Italy and France. Its next domestic factory will be in the Columbus, Ohio, area, according to Cleveland.com.

In December, executives from over 50 U.S. companies asked Congressional leaders to pass legislation that provides $52 billion in grants and incentives for domestic chip production. They also expressed support for a separate bill to encourage semiconductor design and manufacturing. The legislation remains stalled.

Intel sells processors to companies in China and recently proposed using a factory in Chengdu, China, to step up production of silicon wafers, but the Biden Administration blocked that plan.

Originally posted on Auto Dealer Today

More Product & Technology

Three men and one woman sitting on a green backlit stage talking

That Bot Can Do a Lot

Artificial intelligence was all the buzz at the 2026 Agent Summit. A panel of tech specialists broke through the noise to give agents guidance on steering dealer clients.

Read More →
Photo of man working under the hood of a car with a tool

Cyber F&I

Your dealer clients could only benefit from showcasing products on their websites along with vehicle inventory. Modern consumers expect to be informed and are more likely to buy products when they are.

Read More →
Audi Q9 headlight graphic.

Road Glare to Drop a Notch?

Audi is preparing two SUV models for the American market with the automaker’s adaptive LED headlights. Its technology is designed to reduce brightness for other drivers, a growing complaint among U.S. motorists.

Read More →
Ad Loading...
Man in blue suit smiling for photo.
Product & Technologyby StaffMay 29, 2026

AppOne Partners With RouteOne for E-Contracting Solution

By digitizing the entire contracting and funding process, the company says auto dealers can eliminate frustrating and disorganized manual processes.

Read More →
hand signing paperwork on a clipboard on top of a desk with a gavel to the side

Senators Propose Chinese Connected Car Ban

Just weeks before President Trump is set to meet with the Chinese president, two U.S. senators proposed a bill with the aim of protecting Americans’ data.

Read More →
blue Subaru car, windy road graphic, ADAS Upgrades

Subaru Upgrades Safety Tech

Amid increasing regulation and consumer demand, the automaker has partnered with Infineon to update its advanced driver-assistance systems with the aim of greater safety and security.

Read More →
Ad Loading...
Product & Technologyby StaffFebruary 4, 2026

AAMS Training and Mosaic Compliance Services Merge

The strategic combination is intended to expand technology-driven compliance solutions for the automotive industry.

Read More →
Product & Technologyby Lauren LawrenceJanuary 16, 2026

Dealership AI Use on the Rise

The most common artificial intelligence applications in automotive retail include customer communications, scheduling, reporting, marketing content and handling of online leads.

Read More →
Product & Technologyby Hannah MitchellJanuary 8, 2026

Auto Software Collaboration Grows

More OEMs and U.S. auto parts makers joined the global initiative to leverage open-source software development for greater efficiencies and vehicle innovations.

Read More →
Ad Loading...
Product & Technologyby Lauren LawrenceDecember 23, 2025

In-Vehicle AI Predicted to Spike

Frost & Sullivan expects a $238 billion market opportunity for the technology in automobiles by 2030 as AI applications shift to more mass-market applications.

Read More →
Ad Loading...