Kissinger says lead times for Intel's chipmaking equipment have stretched significantly

Intel CEO Pat Gelsinger (Pat Gelsinger) said in an interview on the sidelines of the World Economic Forum (WEF) in Davos on the 23rd that the chip shortage problem is expected to continue until 2024.

He also warned that the shortage of semiconductors has also caused a shortage of advanced chip-making equipment, which may hinder the expansion of global chip production capacity.

He said lead times for chip-making equipment at the new chip factories the company plans to build in the U.S. and Europe, known as fabs, have increased significantly. He believes that the number one problem in expanding production capacity is the supply of chip manufacturing equipment.

Intel has announced an investment of tens of billions of dollars in new chip manufacturing facilities in Europe, including a new large factory in Germany and an expanded factory in Ireland. In January, they also announced a plan to build a $20 billion factory in Ohio.

He added that he was urging U.S. and European authorities to speed up legislation, both of which have introduced their own chip bills to boost national semiconductor manufacturing.

Regarding the still serious global core shortage problem, Gelsinger also said bluntly: "It is unlikely to end before 2024." But he also pointed out: "If the government supports us, we will invest." The chip can be overcome in about two years. crisis. He called for political stability and production incentives: "We want to diversify and support material production in the US and Europe.

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