Tuesday, March 30, 2021

Intel’s $20 billion bet on advanced fabrication

No one ever said Pat Gelsinger was timid. A month into his stint as Intel’s CEO, he has announced an ambitious plan to drive ahead with Intel’s chip-manufacturing efforts rather than give up on it.

Naysayers and pundits had been saying Intel should dump its fabrication business, similar to what AMD did more than a decade ago when it spun out its fabs into what became GlobalFoundries. Intel’s fabs had fallen behind the bleeding edge, and while the TSMC foundry was making 7nm chips for AMD, Intel was struggling to get to 10nm.

Well bleep that, said Gelsinger (OK, maybe not). Rather than spin off the foundry business, Intel is setting it up as a separate unit within the company called Intel Foundry Services with its own profit and loss statements like the other Intel divisions. So in addition to making Intel chips, Intel Foundry Services will make chips for other semiconductor companies.

To read this article in full, please click here

Thanks to Andy Patrizio (see source)

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