Intel is turning its foundry business, which manufactures chips for other companies, into an independent subsidiary. The company has revealed its plan in a note to employees from its CEO Pat Gelsinger ...
Why Intel (INTC) Is Down 5.9% After Nvidia’s $5 Billion Stake and AI Foundry Reset – And What's Next
In recent weeks, Intel has outlined an ambitious AI- and foundry-focused reset under new CEO Lip-Bu Tan, while also securing a multibillion‑dollar equity investment from Nvidia tied to custom AI chip ...
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Intel Foundry boss leaves for Qualcomm — Naga Chandrasekaran takes charge of the unit
Naga Chandrasekaran promoted to Chief Technology and Operations Officer as well as the general manager of Intel Foundry responsible for development of advanced process technologies and day-to-day ...
Forbes contributors publish independent expert analyses and insights. Anshel Sag is an industry analyst covering XR, 5G, mobile and PCs. At Intel’s annual Direct Connect conference, the company’s CEO ...
The time for Intel Corp. to shed its foundry business is now. Though former Chief Executive Pat Gelsinger made a persuasive case for U.S.-based advanced semiconductor manufacturing, his vision was ...
Prior to becoming the CEO of VMWare in 2012, Pat Gelsinger was a long-time Intel employee dating back to the Andy Grove era and Chief Technology Officer under Craig Barrett and Paul Otellini. It’s ...
Intel embraces the multi-foundry approach, currently outsourcing 30% of its wafer production to TSMC
In a nutshell: Intel's decision to maintain a multi-foundry approach reflects the practical necessities of collaborating with external suppliers. While the company remains committed to achieving ...
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