Intel CEO Pat Kissinger talked with Thorold Barker at the Wall Street Journal's annual Tech Live in Laguna Beach, California.
Image source: NIKKI RITCHER FOR THE WALL STREET JOURNAL
Intel Corp. (INTC) Chief Executive Pat Gelsinger said recent U.S. restrictions on semiconductor industry exports to China are inevitable as the U.S. wants to keep technology in the race with China leading position.
Kissinger told The Wall Street Journal's annual Tech Live conference that the restrictions were part of a necessary shift in the chip supply chain. The restrictions require chip companies to obtain licenses to export certain advanced artificial intelligence and supercomputing chips, as well as equipment used in advanced manufacturing.
Kissinger said he sees it as geopolitical, which is why supply chain rebalancing is so critical.
Intel (Intel) CEO Henry Kissinger said that in order to maintain a technological lead in the United States, the recent regulation of semiconductor exports to China is an inevitable trend.
Kissinger said at the Wall Street Journal Science and Technology Forum that the U.S. government requires that certain artificial intelligence and supercomputer chips sold to China must obtain a license, which is a necessary change in the chip supply chain.
"I think that's unavoidable in terms of geopolitics, and that's why supply chain adjustments are so important," Kissinger said. "How oil reserves have shaped geopolitics over the past 50 years, and likewise, chip factories," he said. The next 50 years are even more important."
Intel's chip manufacturing business (IFS) also formed an alliance with Cadence, Synopsys and other industry partners with manufacturing capacity on Monday to support the design and production of chips for national security purposes.
In addition, Kissinger is also actively arranging an initial public offering (IPO) of self-driving unit Mobileye on Wednesday. The timing of the current IPO is not good, but Kissinger emphasized that "the purpose of this move is to break into the market, not to raise capital."
