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Intel CEO Gelsinger on ‘Massive’ New Hub, Chip Shortage

Intel CEO Pat Gelsinger discusses the company’s plans to spend $20 billion on a chipmaking hub on the outskirts of Columbus, Ohio, and the efforts to alleviate the supply-chain issues in the semiconductor industry. He speaks on “Bloomberg Markets: The Close.”

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Intel CEO Pat Gelsinger discusses the company’s plans to spend $20 billion on a chipmaking hub on the outskirts of Columbus, Ohio, and the efforts to alleviate the supply-chain issues in the semiconductor industry. He speaks on “Bloomberg Markets: The Close.”

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4 Comments

4 Comments

  1. Gerald H.

    January 22, 2022 at 12:22 am

    So good to hear from a CEO who isn’t just a pencil pusher whose goal in life is to save 30% at the R&D budget to improve shareholder value for the next quarter.

  2. XERXES 247

    January 22, 2022 at 12:24 am

    Lols same company bought there own stock back on the tune of 25B Now they are asking goverment to build them a fab pathetic !!!

    • m4758406

      January 22, 2022 at 1:15 am

      cause the virus and elecric cars changed the situation.
      these companies respond to demand,
      and a new factory only makes sense if you have made a breakthrough, new technology.
      Even the stock market, 4 years ago, was not aware that electric cars would prevail.

  3. Edgard Pinheiro

    January 22, 2022 at 12:55 am

    That is what happens when Intel switches a CEO who is a businessman for a CEO who is an engineer, and America switches a president who wants to bring back steel manufacturing for a president who wants to bring back high-tech chip manufacturing.

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NASA’s Artemis II Lifts Off | Bloomberg Artemis II Special 4/1/2026

Bloomberg’s Ed Ludlow and Loren Grush bring special coverage of NASA’s  Artemis II launch live from Kennedy Space Center on Florida’s Space Coast.  NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more…

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Bloomberg’s Ed Ludlow and Loren Grush bring special coverage of NASA’s  Artemis II launch live from Kennedy Space Center on Florida’s Space Coast.  NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years.
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Tesla’s Sales Miss, Next Stage of NASA’s Moon Mission | Bloomberg Tech 4/2/2026

Bloomberg’s Tim Stenovec discusses the roller coaster for tech stocks as the market reacts to the ongoing conflict with Iran. Plus, Tesla posts one of its worst sales quarters in years, disappointing Wall Street even as the company tries to convince investors its future is in AI. And, NASA’s Artemis II crew prepares to fire…

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Bloomberg’s Tim Stenovec discusses the roller coaster for tech stocks as the market reacts to the ongoing conflict with Iran. Plus, Tesla posts one of its worst sales quarters in years, disappointing Wall Street even as the company tries to convince investors its future is in AI. And, NASA’s Artemis II crew prepares to fire their engines toward the moon.

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00:00:00 – Intro
00:05:30 – Tesla’s EV Sales Miss Expectations Again
00:17:27 – Chime Targets Higher Earners With New Accounts
00:33:57 – Kyndryl Launches Agentic Service Management
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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AI Needs to Be Controlled Properly: Kyndryl CEO

Kyndryl is launching a new service to help companies manage AI agents and get better returns from their investment on the tech. Kyndryl CEO Martin Schroeter joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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Kyndryl is launching a new service to help companies manage AI agents and get better returns from their investment on the tech. Kyndryl CEO Martin Schroeter joins Tim Stenovec on “Bloomberg Tech.”
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