Intel CEO shares timeline for chip independence

Intel Corporation (NASDAQ: INTC) wants to be producing about half of its leading-edge chips in the U.S. and Europe by the end of this decade, says Pat Gelsinger – its Chief Executive.CNBC interviewed Intel’s chief executive in DavosCopy link to sectionAt writing, the multinational makes less than 20% of its sophisticated chips in the two regions. Speaking with CNBC at the World Economic Forum in Davos on Tuesday, CEO Gelsinger added: If we get to 50/50, the world will be a pretty happy place in comparison t ...