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CEO of Intel Corporation Pat Gelsinger holds up a semiconductor as he testifies during a hearing before Senate Committee on Commerce, Science, and Transportation at Russell Senate Office Building on Capitol Hill in Wash., on March 23, 2022. Alex Wong/Getty Images
The head of chipmaker Intel says a shortage of advanced equipment to make semiconductors could hold up global expansion plans.
CEO Pat Gelsinger said Monday that there have been “quite significant extensions” in delivery times for chipmaking gear for new chip factories, known as “fabs,” that the company plans to build in the U.S. and Europe.
