New Intel CEO says company will stay focused on making chip

Hanno Labuschagne

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New Intel CEO says company will stay focused on making chips

Intel Corp.’s incoming Chief Executive Officer Pat Gelsinger pledged to regain the company’s lead in chip manufacturing, countering growing calls from some investors to shed that part of its business.

“I am confident that the majority of our 2023 products will be manufactured internally,” he said. “At the same time, given the breadth of our portfolio, it’s likely that we will expand our use of external foundries for certain technologies and products.”

He plans to provide more details after officially taking over the CEO role Feb. 15, however Gelsinger was clear that Intel is sticking with its once-mighty manufacturing operation.

[Bloomberg]
 

Hanno Labuschagne

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Vorastra

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And yet, that didn't happen.

Check this article. :sneaky:
 

Gerry

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with ARM getting the respect they deserve, INTEL might not be in the
processor business in the near future.

me still deeply in love with Xeon though..
 

|tera|

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with ARM getting the respect they deserve, INTEL might not be in the
processor business in the near future.

me still deeply in love with Xeon though..
Just lol.

Intel Founded: 18 July 1968

They will be in the CPU and Tech market for many decades to come.

ARM is an infant.
On 13 September 2020, it was announced that Nvidia would buy Arm from SoftBank for $40 billion, subject to usual scrutiny, with the latter acquiring a 10% share in Nvidia.
 

|tera|

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Reminds me of IBM..
What reminds you of IBM?
IBM still remains one of the largest players in Enterprise level on earth.
Their Quantum Computing R&D is through the roof.
not saying they are going to stop existing, but they might find themselves producing something else
No dude. That's illogical.
 
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