Watch CNBC's full interview with Intel CEO Pat Gelsinger

Intel CEO Pat Gelsinger sits down with CNBC's Jon Fortt and the 'Squawk Box' team to break down the company's plan to invest at least $20 billion in two new chip-making factories in Ohio. Gelsinger also discusses the company's relationship with China, which makes up 25% of the company's revenue, according to Gelsinger.