In an interview with BBC, Gelsinger singled out this issue and called it not "palatable" that 80 percent of all supply comes from Asia. But of course, Gelsinger has the solution. He promises Intel will step in to create a more balanced supply chain.
"Having 80% of all supply in Asia simply isn't a palatable manner for the world to have its view of the most critical technology," Mr Gelsinger said.Besides investing $20 billion in Arizona, Intel hints at future manufacturing capacity in a European nation. There is definitely a link here with the EU's plan to become a bigger force in the semiconductor market. Last month there was news that the European Commission wanted to lure TSMC and Samsung with subsidies. It seems Intel is also interested in these incentives to set up shop on European ground.
"Every smartphone, every telemedicine, every remote worker, every remote education, every autonomous vehicle, every aspect of humanity is becoming more digital.
"And when it becomes digital, it runs on semiconductors.
"This is the heart of every aspect of human existence going forward. And the world needs a more balanced supply chain to accomplish that. We're stepping in."