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Semiconductors

Intel races to catch rivals as AI boom supercharges chip competition

Chipmaker is chasing Samsung and TSMC as Qualcomm and Apple pose fresh challenge

Intel CEO Pat Gelsinger says his company's most advanced chip design will move into the test production phase by the first quarter of 2024.

TAIPEI -- U.S. chip group Intel is on track to deliver five upgrades to its advanced manufacturing process in four years, CEO Pat Gelsinger said on Tuesday as the company faces pressure to reassure PC and server-making clients that its technology will remain competitive.

Speaking at Intel Innovation Day in Taipei, Gelsinger said the company's most advanced chip design, the 18A, will move into the test production phase by the first quarter of 2024.

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