Intel CEO Discusses US Export Sanctions

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2024-01-23

Intel CEO Gelsinger said at the Davos Forum that China is about 10 years behind the global semiconductor industry in wafer manufacturing.

It's not that China can't continue to innovate, but semiconductors are a highly interconnected industry that includes lenses from Zeiss, equipment from Ashmore, chemicals and resists from Japan, and photomasks from Intel," Gelsinger said, adding that U.S. export sanctions will temporarily limit China's semiconductor process development to less than seven nanometers, putting its technology a decade behind the industry.

Gelsinger also referred to the fragility of the global supply chain and said that the U.S. is seeking to increase U.S. technological self-sufficiency through the Chip Act, reversing the decades-long concentration of chip manufacturing in Asian countries.