When understanding how primitive operators such as +, -, * and / are implemented in C, I found the following snippet from an
C uses an abstract machine to describe what C code does. So how it works is not specified. There are C "compilers" that actually compile C into a scripting language, for example.
But, in most C implementations, + between two integers smaller than the machine integer size will be translated into an assembly instruction (after many steps). The assembly instruction will be translated into machine code and embedded within your executable. Assembly is a language "one step removed" from machine code, intended to be easier to read than a bunch of packed binary.
That machine code (after many steps) is then interpreted by the target hardware platform, where it is interpreted by the instruction decoder on the CPU. This instruction decoder takes the instruction, and translates it into signals to send along "control lines". These signals route data from registers and memory through the CPU, where the values are added together often in an arithmetic logic unit.
The arithmetic logic unit might have separate adders and multipliers, or might mix them together.
The arithmetic logic unit has a bunch of transistors that perform the addition operation, then produce the output. Said output is routed via the signals generated from the instruction decoder, and stored in memory or registers.
The layout of said transistors in both the arithmetic logic unit and instruction decoder (as well as parts I have glossed over) is etched into the chip at the plant. The etching pattern is often produced by compiling a hardware description language, which takes an abstraction of what is connected to what and how they operate and generates transistors and interconnect lines.
The hardware description language can contain shifts and loops that don't describe things happening in time (like one after another) but rather in space -- it describes the connections between different parts of hardware. Said code may look very vaguely like the code you posted above.
The above glosses over many parts and layers and contains inaccuracies. This is both from my own incompetence (I have written both hardware and compilers, but am an expert in neither) and because full details would take a career or two, and not a SO post.
Here is a SO post about an 8-bit adder. Here is a non-SO post, where you'll note some of the adders just use operator+ in the HDL! (The HDL itself understands + and generates the lower level adder code for you).