Intel CEO Kissinger: Intel lags behind TSMC because of "arrogance and conceit"

Abstract: January 21 news, according to foreign media reports, Intel CEO Pat Gelsinger recently said in the "The Year Ahead" forum hosted by Bloomberg that Intel will lag behind TSMC and Samsung Electronics and other fierce rivals, because of the "arrogance" and "conceit" mentality generated after decades of leadership, and now not only to catch up, but also ahead. He also urged the United States and the European Union to push for chip manufacturing to be brought home, calling for "not squandering the opportunities presented by this crisis."

January 21 news, according to foreign media reports, Intel CEO Pat Gelsinger recently said in the "The Year Ahead" forum hosted by Bloomberg that Intel will lag behind TSMC and Samsung Electronics and other fierce rivals, because of the "arrogance" and "arrogance" mentality generated after decades of leadership, and now not only to catch up, but also to advance. He also urged the United States and the European Union to push for chip manufacturing to be brought home, calling for "not squandering the opportunities presented by this crisis."

Kissinger pointed out that after decades of leadership, Intel is "a little arrogant, a little conceited" and "you know, a little confident in its own execution," but "Intel is now catching up and getting ahead of the curve." We will complete five process nodes in four years, which is an unprecedented pace level and execution, and all progress is currently on schedule or ahead of schedule."

Kissinger also revealed that he is lobbying the U.S. government to expand support for domestic chip manufacturing operations, and he has set an ambitious goal that the United States will account for 30% of global chip production in the next decade, higher than the current about 12%, and the EU's chip production in the next decade will return to 20%, also higher than the current 9%.

He said the Biden administration must learn from the covid-19 pandemic that has led to broken chains and consider the supply chain security implications of the 80 percent concentration of chip manufacturing in Asia. He was optimistic about the proposal of Europe and the United States to promote government funds to help build factories, "don't waste this crisis", "this is good for the economy, and at the same time it is related to national security."

Kissinger, 60, noted that he will soon announce expansion plans for Intel's manufacturing in the U.S. and Europe. Previously, the media disclosed that Intel plans to set up a manufacturing base in Germany and set up a packaging and testing plant in Italy and France. According to Cleveland.com, Intel will also build a new fab in Columbus, Ohio, USA

Last December, the heads of more than 50 U.S. companies called on congressional leaders to pass the CHIPS Act, which provides $52 billion in grants and incentives for domestic chip manufacturing, as well as another proposal to encourage semiconductor design and manufacturing. The Chip Act was passed by the U.S. Senate last June, but was shut down in the House.

Editor: Xin ZhiXun - Lin Zi