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Intel CEO: Chip supply is expected to remain tight through 2023

IT Home February 9 news, Intel CEO Pat Gelsinger said that the company expects chip supply to remain tight at least until the end of 2023, 2025-2030 supply situation will improve, when Intel and other manufacturers' wafer factory production will increase to meet growing demand and upgrade to technology.

Gelsinger said, "As we enter the second half of this decade, the number of advanced lithography wafers produced each year is expected to double and continue to grow. As cars become smarter, the wafer industry must shed its extreme reliance on older technologies and move to more modern technologies to solve supply chain problems through capacity expansion. ”

Intel CEO: Chip supply is expected to remain tight through 2023

It Home learned that Intel announced last month that it would invest $20 billion to build two chip factories in Ohio, USA, which are expected to begin operations in 2025.

To boost U.S. chip production, the U.S. government is lobbying Congress to approve $52 billion in subsidies. U.S. House Speaker Pelosi said on Friday that the House will soon introduce a competition bill to strengthen investment and supply in semiconductors. The U.S. government has expressed concern about China's rapid development in the chip field, and U.S. Secretary of Commerce Raymondo said that the global semiconductor industry chain is currently overly dependent on the other half of the world (referring to East Asia).

Intel CEO Henry Kissinger also said that without the financial support of the US government, Intel would still choose Ohio to build a new factory, but the progress will not be so fast.

Kissinger told Reuters he hoped to announce the European manufacturing base in the coming months. It will take several years to achieve a balance between supply and demand in the chip field.

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