On Tuesday, newly minted Intel chief executive Pat Gelsinger outlined his vision for returning Intel to greatness: a manufacturing strategy called "IDM 2.0" that will impact Intel's development of 7nm chips, including the upcoming Meteor Lake. At its heart, Gelsinger's IDM 2.0 is about fabs: building two new fabs in Arizona to help alleviate worldwide semiconductor supply concerns; establishing a brand-new Intel Foundry Services business to sell chips from those fabs to other customers; and, conversely, creating a culture where Intel will turn to other chip foundries to manufacture products that it can't manufacture itself. Gelsinger made clear that Intel's goal is to continue manufacturing the majority of its products internally, but that it will turn to other foundry partners where necessary. Gelsinger said Intel's working hard to streamline and simplify its chip recipe to accelerate its roadmap. In terms of its consumer roadmap, Intel expects to solidify the design of the compute tile of its first 7nm CPU, code-named Meteor Lake, in the second quarter of this year, before it officially launches in 2023.
Recently appointed Intel CEO Pat Gelsinger Tuesday held his first major briefing regarding his plans to bring the company back from several years of challenges. In an event titled "Intel Unleashed," Gelsinger spoke on a live video feed broadcast on the company's news home page of its Web site. Gelsinger started off by reiterating his view that running the comapny, where he spent decades, is his "dream job," and that Intel's "best days are ahead." "today we are unleashing the iconic Intel innovation engine," said Gelsinger. Gelsinger gave an update on the comapny's 7-nanometer production.
But Mr. Gelsinger, on the job a little more than a month, said Intel wasn't abandoning its historic roots of being both a designer and manufacturer of chips and would retain most production in-house. The company, he said, also is renewing efforts to make chips for others and targeting customers such as Apple Inc. and chip rival Qualcomm Inc. To underpin those manufacturing ambitions, Intel plans to build two new chip factories, commonly referred to as fabs--short for fabrication--at existing facilities in Arizona, Mr. Gelsinger said, with production from the $20 billion, multiyear investment there due to start in 2024.. Intel also said that within the year it would detail further expansion plans in the U.S., Europe and elsewhere. "We are back with a vengeance," Mr. Gelsinger said in an interview. Over the past year, Intel has lost market share and seen its stock price slide amid increased competition, the loss of key customers, and stumbles in producing next-generation chips.
Intel chief Pat Gelsinger has announced a plan to spend up to €80 billion over the next decade to create a "mega" chip fab in Europe. Gelsinger revealed the planned investment at his keynote at Germany's annual motor show, IAA Mobility in Munich. Auto industries in Europe and the US were sharply affected by the global chip shortage during the pandemic. These are the devices that should be at or near the top of your shortlist. "The world is well on its way to address the global chip shortage but it has shown the criticality of semiconductors and the impact of the global supply chain and the fragility of the supply chain," Gelsinger told Germany's auto industry.
There were essentially two parts to Intel's fourth-quarter 2020 earnings call on Thursday: the actual results, and the homecoming of former Intel CTO Pat Gelsinger as the company's incoming chief executive. Gelsinger, who doesn't officially return until February 15, was invited to sit virtually alongside outgoing chief executive Bob Swan. Though Swan shepherded the call, Gelsinger contributed frequently, including outlining his vision for what he hoped to achieve at Intel. Gelsinger has his eyes fixed on 2023, when it sounds like Intel plans to reboot its manufacturing leadership on the next-gen 7nm process. What we don't know, of course, is what Intel plans to do until then.