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.

Intel
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.
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

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 →
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 →
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 →
AAMS Training and Mosaic Compliance Services Merge
The strategic combination is intended to expand technology-driven compliance solutions for the automotive industry.
Read More →
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 →
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 →
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 →
What to Do When Your Vendor Is Hacked
The quickest way to turn a breach into a crisis is to wing it. Follow this seven-step playbook to ensure you meet your obligations.
Read More →
AI Can Enhance Dealer Ops
Personalized messaging is increasing appointment conversions by 26%, Cox Automotive says.
Read More →
Captive Auto Lenders Behind on Digital
Consumers demanding efficient, seamless online experiences as they shop for loans, survey finds
Read More →