Intel is set to spend billions on two new chip factories
Chip giant will also start making silicon for external clients
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
NewIntelCEO Pat Gelsinger has revealed plans to invest $20 billion in two new chipmaking factories as he looks to kick-start the company’s fortunes.
Gelsinger shared the plans for the new fabrication units in Arizona during an annual webcast announcing what he called his IDM 2.0 vision, an overhauled take onIntel’s integrated device manufacturing (IDM) model.
“Intel is the only company with the depth and breadth of software, silicon and platforms, packaging, and process with at-scale manufacturing customers can depend on for their next-generation innovations,” Gelsinger said.
Gelsinger shared screen-time with Arizona Gov. Doug Ducey and U.S. Secretary of Commerce Gina Raimondo as he announced plans to create the new fabrication units that will create several thousand jobs.
Three-pronged approach
Even as Gelsinger re-affirmed that Intel will continue to manufacture the majority of its products internally, he also stressed on the importance of extending their collaboration with third-party foundries, for both client anddata centersegments.
The major announcement however is the setting up of a new Intel Foundry Services division, which will drive Intel’s efforts to manufacture chips for other commercial customers.
Gelsinger noted that the new division will develop x86,Arm, and RISC-V core chips for external clients. The new foundries will be located in the US and Europe, with Intel already reportedly partnered with the likes of IBM, Qualcomm,Microsoft,Googleand others.
Are you a pro? Subscribe to our newsletter
Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed!
The inclusion of Google is interesting as the search giant recently announced its ownSystems-on-a-Chip (SoC)-based strategyto ramp up itscloud computinginfrastructure.
Gelsinger’s IDM 2.0 strategy comes at what’s perhaps an inflection point for the semiconductor industry. With Arm andAMDboth making in-roads into theserversegment once dominated by Intel, the new strategy is perhaps the shot in the arm the company needs to turn things around.
Via:The Verge
With almost two decades of writing and reporting on Linux, Mayank Sharma would like everyone to think he’sTechRadar Pro’sexpert on the topic. Of course, he’s just as interested in other computing topics, particularly cybersecurity, cloud, containers, and coding.
Apple Mac mini M4 PC gets rare discount in early Amazon Black Friday surprise offer, just 24 hours before it ships
AMD just outsold Intel in the data center space for the first time ever
ChatGPT just got easier to find when you’re searching for something
