Ceo Intel Warns Chip Deficiencies That Can Last Until 2023

CEO Pat Gelsinger forecasts that global chip deficiencies can last until 2023 when Intel must face growing competition in chip design and production chips. Global chip missing has caused many fields Different areas of life, as car manufacturing industry are seriously interrupted by the lack of semiconductor components. Volkswagen AG's long-standing car has warned that the global chip deficiency may be worse next 6th round. While other brands predict that the problem has the ability to extend the whole year. It takes 2 years to supply normally, as Intel's CEO Pat Gelsinger responds to the journalist in the announcement of quarterly financial statements II / 2021

.CEO Intel (left) in the meeting with French President Emmanuel Macron in Versailles last month. However, the supply of deficiency can be reduced later this year when the world's largest chip manufacturer Taiwan Semiconductor Manufacturing Co. Ltd
(TSMC) speeds up automatic chip production. TSMC plans to deficit chips for car companies may not be available in the next few months .TSMC and Intel have shaken to build a new factory even though it will take about 2 years to complete. Since returning to Intel In February, Pat Gelsinger acted stronger to reduce chip deficiencies. He is committed to carrying out the chip production contracts, expanding the factory and enticing talented engineers to make a great silicon valley again. Intel is also negotiating to acquire globalfoundries chip manufacturers for $ 30 billion. II / 2021, Intel reported higher revenue and profit than expected, respectively 19.6 billion USD and 5.1 respectively. billion
Although beat Wall Street predictions, Intel's profit margin may slide down later this year. The explosion of the PC market in the pandemic is a stimulant to help Intel grow strongly, as well as thanks to the announcement Windows 11 Japan later this year of Microsoft. As a result, Intel increased the forecast of revenue for the whole year to 77.6 billion USD and for the next quarter to 19.1 billion USD. In March, Pat Gelsinger after taking the right to plan a plan to build a factory of $ 20 billion in Arizona state. By May, he upgraded plans to $ 3.5 billion for New Mexico State. In June, the US Senate approved the plan to promote technology development including 39 billion USD for factories Production of domestic chips. This bill still needs to be resolved before submitting to the US President Joe Biden. Intel's factory in Ireland. However, Intel will have to witness more and more opponents for the factory chip. In April, TSMC announced a plan to spend $ 100 billion in the next 3 years to increase the capacity of the factory while Samsung plans to invest 116 billion USD by 2030 to expand the ability to produce memory chips.intel must also Facing the competition of direct competitors. AMD even faced similar difficulties but has grown out in recent years. In the first quarter of 2021, AMD's revenue doubled compared to the same period last year and the analyst forecast the company will also grow even more when the second quarter financial report was announced next week. Other American technology companies like Texas Instruments Inc. Also report revenue and profit soared in the past quarter. NVIDIA CORP has just reported record revenue in the quarter and officially surpassed Intel to become a chip manufacturer with the largest market capitalization. Nguyen Nguyen (According to WSJ)

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