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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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Big Tech in Wait-and-See Mode | Bloomberg Technology

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the market cool-off as investors digest the direction of Fed cuts and Donald Trump’s next moves. And, EV’s take a hit as reports emerge that the $7,500 EV tax incentive will be cut under the new Trump administration. Plus, how one company is growing customers with their plant-based protein.
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Plantible co-founder Tony Martens Fekini discusses the company’s latest $30 million funding round and expansion as demand for sustainable meat-alternatives rises. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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Alfred Chuang of Race Capital discusses the potential impact of tariffs and trade wars on the tech industry under the new Trump administration. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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