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Intel’s still-nascent foundry business, which both produces chips for Intel and is designed to act as a contract manufacturer for third parties, continues to be a drag on its overall revenue ...
Intel's foundry business is central to CEO Pat Gelsinger's turnaround strategy, as the once-chipmaking king attempts to claw back the technological edge that it lost to TSMC, the world's largest ...
The foundry aims to build a contract manufacturing business for other chip designers. Due to the sensitive, competitive intellectual property coming from clients into that business, separation is key.
U.S. President Joe Biden walks with Intel CEO Pat Gelsinger as he attends the groundbreaking of the new Intel semiconductor manufacturing facility in New Albany, Ohio, U.S., September 9, 2022.
Disclosing new financials details for its foundry unit on late Tuesday, Intel said the business posted operating losses of $7 billion in 2023 compared with $5.2 billion in 2022.
Image source: Getty Images. Foundry demand is slowing. ASML is a key company to watch in the semiconductor industry, especially for foundry operators like Intel, as ASML supplies them with top-of ...
Last Monday, Intel announced that it signed a deal with Amazon to build custom chips for Amazon Web Services, a positive sign for the company’s nascent third-party foundry business.
Intel's foundry, or contract manufacturing business, has signed up Amazon's cloud services unit as a customer for making custom artificial intelligence chips, the companies said on Monday, a deal ...