Intel CEO Pat Gelsinger spoke at the Aspen Security Forum 2023 in July; The topic under the spotlight was that of semiconductors and national security, and the issues that have arisen from the passing of the CHIPS Act. One of Gelsinger’s most eyebrow-raising assertions was that Intel deserves a bigger slice of the $52 billion US CHIPS Act pie than foreign rivals TSMC and Samsung. It was a bold claim, and he put forward a convincing case in what could be a high-stakes / high-reward gambit (h/t to EETimes).
Security, and China export controls particularly, is a thorny topic for successful global semiconductor businesses with their roots in the US. As US sanctions on China tighten, business becomes more difficult for the likes of Intel (and Nvidia, Qualcomm and AMD). Last month we reported on US semiconductor industry bosses having negotiations with senior US government economics and national security figures.
