Intel wants to build 'everybody's AI chips,' CEO says, as company plays catch-up with rivals

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Intel wants to regain leadership in the chip industry after losing market share opportunities to rivals, its CEO said.

"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.

 

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