Reported 1 day ago
Intel executives have acknowledged the possibility of spinning off their manufacturing operations if a key upcoming chipmaking technology, termed 18A, fails to deliver results next year. The company's value has plummeted over $100 billion due to challenges in regaining its manufacturing leadership and missing out on the AI market. Co-CEOs Michelle Johnston Holthaus and David Zinsner indicated that while the integration of design and manufacturing is crucial, Intel is already taking steps to separate the manufacturing division into a standalone entity.
Source: YAHOO