Intel CEO believes over 20 percent of premium vehicles’ bill of materials will be dedicated to chips by 2030

The predictions presented at IAA Mobility by Pat Gelsinger, Intel’s CEO, represent 5x growth over 11 years. Besides the increase of semiconductors to manufacture premium vehicles, Gelsinger also expects to see the total addressable market (TAM) hike to $115 billion by the end of this decade, representing over 11 percent…

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