tech
Intel CEO says foundry business is gaining momentum as customer interest grows
Intel CEO Lip-Bu Tan said the company’s Foundry turnaround is gaining traction.
TL;DR
- Intel CEO Lip-Bu Tan sees the company's foundry business as a key element of its turnaround strategy.
- The 18A manufacturing process has shown substantial improvements, with yield increases meeting and exceeding best practices.
- The company is experiencing growing customer interest and expects to secure commitments from multiple foundry customers in the latter half of the year.
- The foundry business is also positioned as strategically important for rebuilding U.S. semiconductor supply chain capacity.
- Intel aims for its next-generation 14A process to compete with leading third-party chipmakers like TSMC.