Making Chips In America: Fireside Chat w/ Keith Krach & Pat Gelsinger | Concordia Summit
11.21.22
A lively discussion of State Department efforts to secure the semiconductor supply chain, resulting in the largest onshoring in U.S. history
Speakers:
Keith Krach
Mitch Daniels
Pat Gelsinger
With the Center for Tech Diplomacy at Purdue (CTDP)
The top factories that manufacture chips are based in Asia, and US government officials have been pushing to increase manufacturing on American soil for industries like defense, as well as to hedge against possible geopolitical events that could cut off U.S. chip supplies. This discussion examines State Department efforts to secure the semiconductor supply chain, resulting in the largest onshoring in US History and the catalyst for $350B investment in US Chip Industry and the $250B bipartisan Senate-approved USICA bill for research funding in top national security technologies. Earlier this year, Intel announced that it would invest $20 billion in new semiconductor factories, called fabs, in Arizona. Intel also announced they will become a foundry, or a company that manufactures other companies’ chips for them. Join this session to hear directly from Intel CEO Pat Gelsinger and Keith Krach, Chair of CTDP Advisory Board and former US Under Secretary of State, on how they envision moving the production and the supply of semiconductors back on American soil by American companies.
Concordia is a member-based organization dedicated to actively fostering, elevating, and sustaining cross-sector partnerships for social impact.
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The Era Of ‘Tech Diplomacy’ Is Here
Technology is the new frontier of international relations. The interaction is bi-directional: technology is defining diplomatic matters while diplomacy is also influencing the development and deployment of technology. Take semiconductors as an example. This is a technology that forms the foundation of digital economy, national security, and productivity in almost all industries. Global supply chain in the semiconductor industry is shaping U.S. foreign policy. Conversely, America’s diplomatic effort has been redefining the supply chain. Tech diplomacy is different from science diplomacy, which became a key pillar for the U.S. and other countries since World War II. Scientists participated in treaty negotiations, engaged in bilateral summits and served as attachés at embassies. Primary topics included nuclear proliferation, super-collider construction, human space exploration and environmental science.