"We want to build everybody's chips, everybody's AI chips. We want them to be built leveraging the U.S. factories," CEO Pat Gelsinger told CNBC on the sidelines of the Computex tech conference in Taipei on Tuesday."Xeon 6 was a big step forward in our competitiveness to not only hold on to our market, but regain some of those market share opportunities that we've lost," said Gelsinger, referring to its latest processor for data centers.
"The first piece is to get back to leadership, because a lot of the losses are associated with having uncompetitive process technology," said Gelsinger.from the Biden administration, with another potential $11 billion in offing, is expected to help Intel advance its semiconductor manufacturing and research and development.
"And as we get through that and get back to process leadership, we will also have much better profitability, as well," he added.for most U.S. chipmakers including Intel despite Washington's efforts to restrict chip sales to the country and amid Beijing's push to reduce foreign reliance in the semiconductor sector.