Intel CEO comes to Oregon to plea for government subsidies

Intel CEO Pat Gelsinger is betting the farm on the company manufacturing its own semiconductors, especially in Oregon and Arizona, but he came to Portland on Monday to plead for government assiatnce in the form of the CHIPS Act.

An Intel CEO had not addressed the Oregon Business Plan Leadership Summit for ten years until Pat Gelsinger showed up at the Oregon Convention Center on Monday. The man with the Silicon Valley tan listed his Oregon bona fides before promising that Intel Corp. would never move its manufacturing out of Oregon. An Intel founder who took a 30-year detour through other chipmakers before returning to the top job this year, Gelsinger sought to reassure the locals that Oregon matters. 21,000 people in Oregon work for Intel and over 500 local businesses sell services to Intel.

"Up on Mount Hood I taught all four of my kids to ski, we had a vacation home and Sun River, I'm still highly biased to Tillamook cheese and my favorite is their vanilla bean ice cream …A good Saturday is Stumptown Coffee with a Voodoo Doughnut…this is just a special place on earth that you have here."