Intel’s new CEO, Lip-Bu Tan, is considering a major shift in the company’s contract manufacturing (foundry) business by potentially halting the marketing of certain chipmaking technologies, specifically the 18A and 18A-P processes, to external customers. This move deviates from former CEO Pat Gelsinger’s strategy, which heavily invested in these processes costing billions. Tan, who took over in March, aims to cut costs and revive Intel. Discontinuing external sales of 18A could lead to a significant write-off, potentially costing Intel hundreds of millions or billions of dollars .
Appoinments
Intel’s New CEO Eyes Major Shift, May Scrap 18A Chipmaking Tech Sales to Cut Costs
Intel's new CEO, Lip-Bu Tan, may halt 18A chip tech sales, risking massive write-off to cut costs and revive company.


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