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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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