Intel may split its foundry business & cancel future factories as it faces ‘most difficult’ period

Intel is weighing the separation of its chip design and manufacturing businesses in response to mounting financial losses and investor pressure. The company, facing a significant net loss and job cuts, is also reassessing future projects. CEO Pat Gelsinger remains optimistic about upcoming products despite increased scrutiny from investors and lawmakers.

Leave a Reply

Your email address will not be published. Required fields are marked *