In a memo to Intel staff, Gelsinger called on the company to take the necessary steps to restore the company's leadership position in the semiconductor market.
Enacting the National Defense Authorization Act might help boost semiconductor capacity in the long run, but it could have unintended consequences for U.S. chipmakers.
The fabrication facility would be built in Austin, Texas, and produce silicon wafers based on the company's forthcoming 3-nanometer manufacturing process.
Incoming Intel boss Pat Gelsinger expressed confidence that the majority of Intel's 2023 product line would be built using its 7-nanometer process, despite delays.