Intel may not do so well out of foundry expansions

Stefan Mileschin · 23rd July 2021, 06:50

Acquisition is the only way and there are not that many people to buy

Intel Chief Executive Kicking Pat Gelsinger's plans to make Intel great again by increasing fab numbers is hitting a snag -- Intel can't wait to build its own and there are not many fabs up for sale.

The problem became obvious when the Wall Street Journal reported that Intel was considering a purchase of chipmaker GlobalFoundries for $30 billion. Intel reports earnings Thursday, and despite a booming PC market, analysts expect a 9.8 percent drop in sales to $17.8 billion as Intel loses share to rivals.

Buying a foundry would give Intel "real customer support people, as opposed to technologists who have mainly been told what to do by management", said Dan Hutcheson, chief executive officer of VLSI Research. "It took Samsung 10 years to build up a foundry business."

https://fudzilla.com/news/pc-hardwar...ary-expansions

23rd July 2021, 06:50	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,650	Intel may not do so well out of foundry expansions Acquisition is the only way and there are not that many people to buy Intel Chief Executive Kicking Pat Gelsinger's plans to make Intel great again by increasing fab numbers is hitting a snag -- Intel can't wait to build its own and there are not many fabs up for sale. The problem became obvious when the Wall Street Journal reported that Intel was considering a purchase of chipmaker GlobalFoundries for $30 billion. Intel reports earnings Thursday, and despite a booming PC market, analysts expect a 9.8 percent drop in sales to $17.8 billion as Intel loses share to rivals. Buying a foundry would give Intel "real customer support people, as opposed to technologists who have mainly been told what to do by management", said Dan Hutcheson, chief executive officer of VLSI Research. "It took Samsung 10 years to build up a foundry business." https://fudzilla.com/news/pc-hardwar...ary-expansions

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