Intel in talks to produce chips for automakers within six to nine months: CEO Pat Gelsinger

The chief executive of Intel Corp told on Monday that the company is in talks to start producing chips for car makers to alleviate a shortage that has idled automotive factories.

Chief Executive Officer Pat Gelsinger said the company is talking to companies that design chips for automakers about manufacturing those chips inside Intel's factory network, with the goal of producing chips within six to nine months. Gelsinger earlier on Monday met with White House officials to discuss the semiconductor supply chain.

Intel is one of the last companies in the semiconductor industry that both designs and manufactures its own chips. The company last month said it would open its factories up to outside customers and build factories in the United States and Europe in a bid to counter the dominance of Asian chip manufacturers such as Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd.