Bloomberg Technology
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.”
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.
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.
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.