Intel stock jumps on plan to turn foundry business into subsidiary …
WEB4 days ago · Intel said Monday that it’s creating a separate entity for its foundry business, a structure that could allow it to raise outside funding. The chipmaker has spent roughly $25 billion on the ...
Pat Gelsinger on Foundry Momentum, Progress on Plan - Intel
WEB3 days ago · This news, combined with our AWS announcement, demonstrates the continued progress we are making to build a world-class foundry business. Greater independence for Intel Foundry To build on our progress, we plan to establish Intel Foundry as an independent subsidiary inside of Intel.
Intel moves to spin out foundry business, inks AI chip deal with …
WEB3 days ago · Intel has announced a key customer win and changes to its foundry business as the beleaguered chipmaker looks to execute a turnaround. Intel is taking steps to transition its chip foundry division, Intel Foundry, to an independent subsidiary, Intel CEO Patrick Gelsinger said in a blog post. Intel Foundry’s leadership isn’t changing, and the subsidiary will remain inside Intel.
Intel foundry business to make custom chip for Amazon, …
WEB3 days ago · Chip maker's memo also outlines cost cuts. Sept 16 (Reuters) - Intel's (INTC.O) foundry, or contract manufacturing business, has signed up Amazon's (AMZN.O) cloud services unit as a customer for ...
Why Intel's latest move for its foundry business is so significant
WEB3 days ago · Provided by Dow Jones. Sep 17, 2024 1:48am. By Therese Poletti. The chip maker is creating an independent subsidiary for its manufacturing business to reassure customers. Intel Corp.'s plans to ...
Intel strikes foundry deal with AWS | Network World
WEB1 day ago · The news isn’t all good on the foundry front, but it is a step in the right direction for Intel. In a very big win for its foundry business, Intel announced it has signed a multi-year, multi ...
Intel Launches World’s First Systems Foundry Designed for the AI …
WEBFeb 21, 2024 · Intel Foundry unveils new roadmap featuring Intel 14A process technology, specialized node evolutions and new Intel Foundry Advanced System Assembly and Test (ASAT) capabilities to help customers realize their AI ambitions.
Intel Outlines Financial Framework for Foundry Business, Sets …
WEBApr 2, 2024 · Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion. New financial reporting structure reflects Intel’s transition to a foundry operating model to drive greater transparency, cost savings and growth.
Intel Outlines Financial Framework for Foundry Business, Sets …
WEBApr 2, 2024 · Intel will host an investor webinar at 1:30 p.m. PDT today to present the vision and financial framework for the Intel Foundry business, including the recast financials and new segment reporting structure aligned with the foundry operating model.
Intel is separating its ailing foundry business from the main …
WEB3 days ago · Tue, Sep 17, 2024, 7:00 AM 2 min read. Intel is turning its foundry business, which manufactures chips for other companies, into an independent subsidiary. The company has revealed its plan in a ...
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