https://safirsoft.com The CEO of Intel believes that more than 20% of the materials for the best cars by 2030 will be devoted to chips

With the modernization of vehicles, the number of chips required for their production increased significantly. By 2019, semiconductors accounted for just four percent of the automotive raw materials (BOM) bill, but this value is expected to increase in the coming years. By 2025, 12% of the AOM should be used in chips, and by 2030 it will rise to 20%.

Forecasts at IAA Mobility by Intel CEO Pat Gelsinger show a fivefold increase over 11 years. In addition to the increase in semiconductors for high-end vehicles, Gelsinger also expects the total addressable market (TAM) to reach $115 billion by the end of this decade, representing more than 11 percent of total silicon TIC by then. According to Glsinger, the reason for this is “digitizing everything” along with “the other four great forces”: “ubiquitous computing, ubiquitous connectivity, cloud-to-edge infrastructure and artificial intelligence.” In the automotive industry, manufacturers also offer driverless driving systems, driver assistance, navigation systems, enhanced safety features, etc.

Increased demand for semiconductors has led to US Fabs and upgrades, and we know Intel's plans for $120 billion and its $3.5 billion investment in a New Mexico plant, where the company plans to build two joint-venture plants.

https://safirsoft.com The Intel CEO believes that more than 20% of the materials needed for the best cars will be devoted to chips By 2030

Intel is also negotiating with its European partners how best to use it to improve chip node operations Car companies mostly rely on legacy nodes, but Intel expects that to change in the coming years. To do this, the company is dedicating its capacity in the Irish automotive industry, as well as launching the Intel Foundry Services Accelerator, a program designed to help automotive chip designers transition to advanced nodes.

"This new era of continued demand for semiconductors requires big, bold thinking." To fulfill the request. Gelsinger forecasts Chip shortages may be among the worst, with chip lead times recently hitting a record 26.5-week high and the casting has dramatically increased chip prices. Even automakers like Toyota have been forced to cut production by 40 percent due to the current situation. >

The CEO of Intel believes that more than 20% of the materials for the best cars by 2030 will be devoted to chips
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