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Intel CEO Pat Gelsinger Seeks Support for EU Foundries

www.sdxcentral.com, Apr. 30, 2021 – 

Intel CEO Pat Gelsinger this week entered talks with European leaders to address semiconductor supply chain challenges and reduce reliance on imports.

The talks come just over a month after the newly appointed CEO announced Intel's intent to enter the foundry business, competing against rivals like Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics. Intel initially announced two new foundries in Arizona as part of its Integrated Design Manufacturing 2.0 – or IDM 2.0 – initiative for the Intel Foundry Services business unit.

Gelsinger, at the time, teased additional foundry plans for the U.S., Europe, and elsewhere within the year.

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