Intel CEO discusses EMIB Packaging Technology and Ponte Vecchio

Key Points

  • Intel is making major investments in expanding its U.S. based chipmaking capabilities

  • Intel will offer Foundry Services, making its factories available for other companies to build their chips

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During a virtual presentation on March 23, 2021, Intel CEO Pat Gelsinger outlined the company’s path forward to manufacture, design and deliver leadership products and create long-term value for stakeholders. During the “Intel Unleashed: Engineering the Future” webcast, Gelsinger shared his vision for “IDM 2.0,” a major evolution of Intel’s integrated device manufacturing model. Gelsinger announced significant manufacturing expansion plans, starting with an estimated $20 billion investment to build two new factories in Arizona. He also announced Intel’s plans to become a major provider of foundry capacity in the U.S. and Europe to serve customers globally.