Intel Tumbles
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Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land external customers to make chips in its factories.
Analyst Jeff Pu said that Apple could be among the customers considering Intel’s upcoming 14A process for future M-series chips.
Intel said Thursday that the future of its contract chip manufacturing business and its willingness to invest in advanced chip-making technologies will hinge on the semiconductor giant landing a “significant external customer” for its upcoming Intel 14A process.
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global silicon boom.
Publishing its second quarter results for 2025, Intel’s chief executive Lip-Bu Tan yesterday took the opportunity to publish a memo to all staff laying out the company’s plans for the future. Whether the message was really intended for staff or for the press and investors,
Intel (NASDAQ: INTC) has signaled it may exit the advanced chip manufacturing business if it fails to secure major external customers for its next-generation foundry technology, known as Intel 14A. The warning came as
Chipmaker Intel (INTC) is set to report its second quarter earnings result on Thursday, July 24th, after the closing bell. The company, which has been strugglin
The new strategy for Intel's foundry business would mean offering outside customers a newer generation of technology, two people familiar with the matter told Reuters.
On Intel’s second-quarter earnings call, CEO Lip-Bu Tan made it clear that things are going to be different under his leadership than they have under his predecessor Pat Gelsinger. The biggest change is that Intel will only invest in building factories to manufacture chips for other companies if there is enough customer demand to justify the capital expense.
DigiTimes sources claim that Intel's manufacturing prices are higher than those offered by TSMC and Samsung, and that the ongoing 10nm delay has tightened supply of 14nm and 22nm products as well.
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Intel will lay off 529 Oregon workers in initial cuts: Here are the positions being eliminated
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.