Intel’s new CEO explores big shift in chip manufacturing business

Posted under: Tech Move
Date: 2025-07-02
CEO Lip-Bu Tan's Strategic Pivot for Intel | Justo Global

Intel's new CEO, Lip-Bu Tan, is considering major changes to the company's contract manufacturing business, potentially halting 18A chip marketing to external clients. This move comes after Intel's net loss of $18.8 billion in 2024, its first unprofitable year since 1986. Sources indicate that scrapping 18A could result in write-offs ranging from hundreds of millions to billions. Tan aims to pivot towards 14A technology to compete more effectively with TSMC, targeting clients like Apple and Nvidia.

Read more at: indianexpress.com