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Intel CEO Lip-Bu Tan Says China Is "Not That Far Behind" In Chip Manufacturing, Despite US Sanctions Blocking Its Access To EUV Machines

Summary by Wccftech
Intel CEO Lip-Bu Tan believes that China is not significantly behind the US when it comes to chip manufacturing prowess. The CEO made the remarks in an interview with Nikkei Asia, where he also discussed Intel's restructuring efforts and attempts to establish a foundry business that is on par with Taiwan's TSMC, which is the world's largest contract chip manufacturer. Intel CEO Tan Asserts Foundry Business Can Become A Growth Driver But Stresses…

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Intel CEO Lipbu Tan assessed that China's semiconductor and AI technology have become much on par with the US, and emphasized the need for diversification of the global foundry supply chain and long-term support at the government level. At the same time, Intel acknowledged past mistakes and stated that it is spurring management normalization through executive changes and restructuring.

On the global geopolitical and technological board, the narrative that the West alone leads the race of semiconductors and artificial intelligence (AI) suffers an analytical respite. Recently, in an interview given to Nikkei Asia and in industry forums, Intel CEO Lip-Bu Tan put on the table a reality [...] The post CEO of Intel : "Huawei and China are about to close the gap with the US in IA first appeared on TransMedia chips.

Intel CEO Lip-Bu Tan stated that China is not far behind its competitors in chip manufacturing technology. We analyzed the latest developments in the sector and the effects of sanctions.

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Americans have been trying to curb the development of Chinese industry for years. However, it appears that sanctions are not producing all the expected results. Lip-Bu Tan, CEO of Intel, commented on China's progress in semiconductor production. He was asked if China could catch up with the US in the next 5-10 years. He stated that the gap is no longer as large as it could […] The article "Intel CEO Warns: China's Technological Lag is Already Sm…

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조선일보 broke the news on Monday, October 19, 2026.
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