Intel CEO Lip-Bu Tan Says China Is "Not That Far Behind" In Chip Manufacturing

Intel CEO Lip-Bu Tan told Nikkei Asia that China is not significantly behind the US in chip manufacturing, despite US sanctions blocking access to EUV lithography machines. He also said Intel's foundry business can become a growth driver but will take patience to compete with TSMC.

• Tan: China is "not that far behind" in chip manufacturing
• US sanctions block China from ASML EUV machines
• Intel is building a foundry business to rival TSMC
• Remarks follow Landau's 15W EUV source prototype