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Intel CEO: ‘hope to be manufacturing most advanced AI chips' in 2025
IntelIntel(US:INTC) Invezz·2024-03-21 00:26

Intel Corp (NASDAQ: INTC) “hopes to be manufacturing the most advanced AI chips” in 2025, says Patrick Gelsinger – chief executive of the semiconductor giant.Highlights of Intel CEO interview with CNBCCopy link to sectionGelsinger made that comment in an interview with CNBC after receiving up to 8.5billiongrantundertheChipsandScienceActonWednesday.8.5 billion grant under the Chips and Science Act on Wednesday. INTC could receive another $11 billion in loan from the White House to set up fab manufacturing facilities in the United States as well. According to ...