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Intel “Direct Connect” (from 32)
The majority of Intel’s foundry sales, Intel’s foundry business is really not new,
however, are from the company’s internal LaPedus points out.
product groups — something that’s not
likely to change soon . Intel, in fact, entered the foundry
business in 2010. It failed to gain traction
and exited the business a year or two
later.
In 2021, Intel re=entered the foundry
business and announced plans to develop
five processes in four years. Former CEO
Gelsinger said the company was well on
its way to meeting that goal. But the
foundry is still a money-loser.
Intel and Tan have their work cut out
for them. With layoffs beginning about
now, they have to convince the industry
Kevin O’Buckley, general manager of Foundry Services,
displays a next-generation test chip demonstrating Intel that Silicon Valley’s pioneer chip maker is
Foundry’s advanced packaging capabilities during a viable and here to stay. intel.com — R.I.
keynote at the Intel event. (Intel photo).
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