Car-making nightmare could soon get a fix, thanks to Intel
CNN
Intel has a plan to help alleviate the global chip shortage that has hampered the automotive industry, among others.
CEO Pat Gelsinger told Reuters on Monday that Intel is in talks with companies that design chips for carmakers about manufacturing those chips in its factories. Intel (INTC) could be producing the chips within six to nine months, he said. That increased supply would be a big help to automakers that have faced production delays, factory shutdowns and limited inventories because of the short supply of computer chips. Gelsinger said Intel will seek to provide rapid assistance to car companies suffering from the shortage, including Ford Motor Co. (FPRC) and General Motors (GM), according to Reuters. An Intel spokesperson confirmed the report to CNN Business.More Related News