Intel CEO Pat Gelsinger predicts the “digitization of everything” will push the share of semiconductors in the total new premium vehicle bill of materials (BOM) to more than 20% by 2030 – up more than 5X from 4% in 2019. The company forecasts the total addressable market (TAM) for automotive silicon will more than double by the end of the decade to $115 billion – approximately 11% of the entire silicon market.2
In pursuit of this opportunity, Intel announced plans to build new chip manufacturing facilities in Europe, establish committed foundry capacity at its Ireland site, and launch the Intel Foundry Services Accelerator to help foundry customers move automotive designs to advanced nodes.
In addition, Intel’s Mobileye division unveiled the first production AV equipped with the Mobileye Drive self-driving system and bearing the MoovitAV services branding. Mobileye is working with Sixt to bring autonomous ride-hailing into operation with Munich-based Sixt SE starting in 2022.
