The work-and study-from-home trend during the Covid-19 pandemic had led to "cycle of explosive growth in semiconductors" that has placed huge strain on global supply chains", Pat Gelsinger told a virtual session of the Computex trade show in Taipei on Monday. "But while the industry has taken steps to address near-term constraints it could still take a couple of years for the ecosystem to address shortages of foundry capacity, substrates and components."
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Intel's plans could directly challenge the two other companies in the world that can make the most advanced chips—Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and South Korea's Samsung Electronics Co. Ltd. They have come to dominate the semiconductor manufacturing business, moving its centre of gravity from the US, where much of the technology was once invented, to Asia, where more than two-thirds of advanced chips are now manufactured.