Intel to spin off chip fab business unit as AWS signs up for custom AI chips
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent funding sources. The decision was made days after Gelsinger and other executives met with Intel’s board of directors to assess the future of the company.
Intel recently announced its plan to delay the construction of two mega chip-making factories in Germany and Poland. The chip ...
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Intel frees its Foundry biz – and that's just one of many major shake-ups todayPauses European fabs, scores secret US gig, teams up with Amazon, re-orgs its innards, and more! Intel will spin out its ...
Intel is facing intense competitive pressure and needs time to complete its turnaround under CEO Pat Gelsinger. It's a bad moment for a spinoff of its foundry business.
Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results ...
Intel's foundry business will become an independent subsidiary, allowing it to take funding from external sources directly.
US chipmaker Intel has said it will pause its plans for new chip factories in Germany and Poland for two years, citing ...
Intel's ongoing transformation faces setbacks, with layoffs and delayed fabs, casting doubt on business improvements. See why ...
Intel shares jumped almost 4% in early trading on Tuesday, as a chip-making deal with Amazon's cloud business gave a major ...
Anonymous sources revealed that Intel unsuccessfully bid to design and manufacture the chips for Sony's PlayStation 6 two ...
Chip-making giant Intel yesterday said it was delaying its plans to build two mega chip-making factories in Germany and ...
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