60 Minutes' Intel CEO interview breaks down the chip shortage and global dependency on Asia

Though there were many takeaways from Intel CEO Pat Gelsinger's time on sixty Minutes, including the declaration that Intel will be spending big money on Rio Rancho fab facility upgrades in improver to its $20 billion plan to brand new fabs in Arizona, the biggest might be the sobering words Gelsinger shared regarding the country of the United States' semiconductor dependency.

Afterwards viewers were informed that at that place used to exist twenty-five chip manufacturers globally and now there are simply three, with Intel being the only U.S.-based one, Gelsinger then gave a stat that goes a long style toward explaining why the state's in the shortage heat that information technology's in.

"25 years agone, the Usa produced 37% of the world'south semiconductor manufacturing in the U.S.," Gelsinger said. "Today, that number has declined to simply 12%."

For comparing, 75% of semiconductor manufacturing currently happens in Asia.

Gelsinger went on to say that reliance on any single region, particularly ane such every bit the ever-unpredictable Asia, is a risky strategy. He added that Intel's goal is to bring some of that dependency back dwelling so that domestic chip output is better equipped to handle the needs of the U.S. citizenry, in addition to benefits similar creating U.Due south. jobs. By bringing production home, the U.S. will be in control of its technological time to come.

When TSMC's outpacing of Intel in the manufacturing sector was brought up, Gelsinger had an optimistic accept: "We believe information technology's gonna accept us a couple of years and we will be caught up."

Time will tell if Intel can alive up to that goal, take hold of up to TSMC, and help protect the U.S. from futurity chip shortages as dire as the current i.

Future plans for FFXIV

Post-launch roadmap for Final Fantasy XIV: Endwalker revealed

The latest Letter of the alphabet from the Producer livestream has simply aired, and it comes with a plethora of news for Final Fantasy Fourteen. This includes plans for updating all the chief scenario quest dungeons, improving the graphics, implementing new sidequests, and much more.