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Intel CEO wants to create ‘the world’s most resilient supply chain’
VentureBeat February 21, 2024
Intel CEO Pat Gelsinger said there’s so much turmoil in the world that he wants Intel Foundry to create the “world’s most resilient supply chain.”
He noted 80% of the supply chain is currently based in Asia. He said that’s not secure and we need “resilient” supply chains where the technology industries are. He noted that the pandemic, wars in Israel/Gaza and Ukraine, and tension in the straits of Taiwan have made it clear that the world needs a better, stronger, and less vulnerable supply chain as we gear up for the AI economy.
He also noted that for the long term Intel has to do the “right thing” to make sustainable supply chains that last. He made the remarks...
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