Intel Corporation is undergoing a significant leadership reshuffle as three senior executives from its manufacturing and foundry divisions are set to retire amid a broader restructuring effort. The company plans to reduce its manufacturing capacity planning team and cut a portion of its engineering staff. This shake-up comes amid uncertainty surrounding Intel's 14A semiconductor fabrication process, with industry analysts warning that Intel has approximately 18 months to secure a major customer for the 14A node or risk the viability of its advanced fabrication plants. Additionally, the future of Intel's Ohio manufacturing plant is in question, with reports indicating it could be canceled if new manufacturing customers are not secured. In a related development, a former Intel chip-packaging expert has taken a position at Samsung, highlighting ongoing talent shifts within the semiconductor industry.
Three senior Intel Foundry executives are retiring as part of a major leadership reshuffle amid restructuring and uncertainty over the 14A process. https://t.co/NTHdSFW8rc
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Yikes: "Intel: Ohio plant ‘likely’ canceled if company can’t get new manufacturing customers" https://t.co/SanrSboYwI https://t.co/kBXECpOg99