Intel CEO Pat Gelsinger says that the chip shortage is not over with and could continue to run an additional year taking it to 2024.
Just because we don't constantly hear about it as much anymore doesn't mean that the global chip shortage has ended; when it comes to chips, the world isn't all of a sudden"in the chips," according to Intel CEO Pat Gelsinger who spoke Friday
Intel, which has promised to regain"process performance leadership" by the end of 2024, has created a road map that includes taking delivery of ASML's next-generation extreme ultraviolet lithography machine. The $150 million machine uses highly polished mirrors to help focus ultraviolet light allowing it to etch circuitry patterns onto a wafer.
Returning to process leadership means that Intel has to continue spending to build new fabs in the U.S. and Europe. The executive says,"We’ve really invested in those equipment relationships, but that will be tempering the build-out of capacity for us and everybody else, but we believe we’re positioned better than the rest of the industry."
The top two contract foundries in the world that take chip designs created by other companies and turn them into the final components are TSMC and Samsung. The former is known for building the chips designed by
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