Intel CEO Pat Gelsinger has emphasized that Intel is confident in its foundry business competitiveness and is capable of surpassing Samsung Electronics to become the world’s number-one company, overtaking Taiwan’s TSMC.
According to the global news platform Semafor on the 18th, Gelsinger said, “TSMC has done an extraordinary job as a foundry, but Intel also helped create some of the technologies in this process.”
Gelsinger emphasized Intel’s substantial potential in the semiconductor foundry market at today’s World Economic Summit, which Semafor hosted.
He noted that Intel made terrible strategic decisions a decade ago that led to TSMC taking over the leadership in microfabrication technology, but the possibility of regaining it remains open.
At that time, instead of focusing on developing processes smaller than 10 nanometers, Intel utilized the 14-nanometer process over several years, losing its technological advantage over competitors like TSMC and Samsung Electronics.
When asked if Intel could surpass TSMC in the foundry market, Gelsinger confidently replied, “Yes,” and stated, “We laid out a course to rebuild technology, leadership, and manufacturing capabilities.”
Intel aims to surpass Samsung Electronics by 2030 and become the second-largest company after TSMC in the foundry business.
At the event, Gelsinger presented a more aggressive plan to overtake TSMC in the long term and ascend to global foundry leadership.
He highlighted that securing foundry competitiveness is a top priority as Intel designs nearly half of the world’s system semiconductors.
He continued, stating that the U.S. government’s support will play a crucial role in achieving these goals. Gelsinger mentioned that TSMC could succeed with active help from the Taiwanese government and that the U.S. Semiconductor Support Act could have a similar effect on Intel.
The U.S. government has recently decided to provide Intel with $8.5 billion in investment subsidies under the Semiconductor Support Act, surpassing the amounts allocated to TSMC ($6.6 billion) and Samsung Electronics ($6.4 billion).
Gelsinger also emphasized the potential of Intel’s in-house designed artificial intelligence (AI) semiconductors, adding, “All of your PCs in the future should become AI-enabled.”
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