Intel's new chief executive officer, Lip-Bu Tan, is considering a major strategic shift in the company's chip manufacturing business. According to multiple sources, Tan is exploring changes to Intel's contract manufacturing operations with the goal of attracting significant customers. This potential pivot represents a departure from the plans of his predecessor and may involve substantial investment. The new CEO is reportedly focusing more resources on developing a next-generation chipmaking process where Intel anticipates competitive advantages. These considerations come amid global pressures on the semiconductor industry, prompting Intel to reevaluate its manufacturing strategy.
Intel going fabless? That’s the takeaway for some The earnings call has convinced some that Intel is going to get rid of its factories as CEO Lip-Bu Tan imposes fiscal discipline. While that’s by no means certain, Tan has given the impression that he will not pursue the https://t.co/TXGm9MnuGB
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'I do not subscribe to the belief that if you build it, they will come' says Intel's new CEO, calling past investments 'unwise and excessive' https://t.co/McPTd6JX9n