Intel boss Pat Gelsinger thinks too many computer chips are made in Asia.
Gelsinger has insisted that the current situation is not "palatable" and Intel has announced plans to invest $20 billion in two new plants in Arizona, as well as expanding an existing facility in County Kildare in Ireland.
Gelsinger told the BBC: "Having 80 percent of all supply in Asia simply isn't a palatable manner for the world to have its view of the most critical technology.
"Every smartphone, every telemedicine, every remote worker, every remote education, every autonomous vehicle, every aspect of humanity is becoming more digital. And when it becomes digital, it runs on semiconductors.
"This is the heart of every aspect of human existence going forward. And the world needs a more balanced supply chain to accomplish that. We're stepping in."
At present, the majority of processors are manufactured in Asia, especially in Taiwan and South Korea.
But Gelsinger thinks the time has come for a big change.
He said: "Today there's a heavy bias to Asia. And as we've seen, coming out of some of the disruptions and challenges, the world needs US and European supply in a more balanced way.
"It's the right thing for the global supply chain requirements, for both commercial as well as for government and defence use as well."
