Intel moves to spin out foundry business, inks AI chip deal with AWS

Intel has announced a key customer win and changes to its foundry business as the beleaguered chipmaker looks to execute a turnaround. Intel is taking steps to transition its chip foundry division, Intel Foundry, to an independent subsidiary, Intel CEO Patrick Gelsinger said in a blog post. Intel Foundry’s leadership isn’t changing, and the subsidiary […] © 2024 TechCrunch. All rights reserved. For personal use only.

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Sep 17, 2024 - 19:00
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Intel moves to spin out foundry business, inks AI chip deal with AWS
Intel has announced a key customer win and changes to its foundry business as the beleaguered chipmaker looks to execute a turnaround. Intel is taking steps to transition its chip foundry division, Intel Foundry, to an independent subsidiary, Intel CEO Patrick Gelsinger said in a blog post. Intel Foundry’s leadership isn’t changing, and the subsidiary […] © 2024 TechCrunch. All rights reserved. For personal use only.
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