Intel Giants Semiconductor Veteran veteran veteran semiconductor lip-bu saga to Being a new CEO. This news arrived three months after PatSinger PatSinger Retires And stop from the company’s place, with Intel CFO David Zinsner and President executive with Holthaus Micheus client’s relationship passes as Co-CEO.
Tan, Anyone the latest CEO Cabenter system design, join Intel – and join the place – at interesting time in Silicon Valley Company. Intel has seen fair parts and downs in the past few years – to put lightly.
When gelsinger took the helmet in February 2021, Intel was struggling and fall behind my friends in the semiconductor race. At that time, the company could still be modified Is not in the smartphone revolution In addition to MissEps when it comes to chip manufacturers.
This is also an interesting time for the semiconductor industry. The sector has seen a number of consignment in the end of 2020, including AMD has a XILINK $ 35 billion and Analog purchase of Maxim For $ 21 billion, among others.
So, how’s the latest gelsinger in Intel? Let’s take a look.
Gelsinger earned the right when I started. They announced modernization plans for the company, Sent idmor device manufacturers. The first part of the destination is $ 20 billion investment to build a new manufacturing facility in Arizona, with a plan to increase the production of the chip in the US and more than.
In 2022, the company announced the second part of the IDM Plan, who participated the new Chip ProNNND: Intel’s Chip Manufacturing: Intel’s global manufacturer, the party’s global manufacturer, and building party foundry services. As part of this plan, the company announced acquire semiconductor For $ 5.4 billion to help you create Intel Comme Foundry services.
But the deal falls, however, after the opposite of regulatory odds. It was canceled during the summer 2023. At the time, TechCrunch Reported If the merger will not be a serious effect on the company modernization. In September 2024, Intel Take Steps to Transfer Dayer Chip Dayer DivisionIntel Foundry, to independent subsidiary.
Time leading to gelline retirement mainly due to Intel. The price of a plummeted company is about 50% since 2024 for gelsinger departure in December. Intel announced plans for Insert 15% of workabout 15,000 people, in August after the results of the second quarter. At that time, Gelsinger said the company was struggling to make a AI koom in the same way, and even if it falls, Intel experiencing headcount.
At the time begins since the gelsinger departure, the company has delay the opening of the Chip Ohio – again – and decide not to bring Chips Falcon Shores to the market.
But as Tan Take the lead, the incident may begin the correct direction. Intel finish completing an agreement with the US trade department to receive $ 7.865 billion billion For semiconductor manufacturers at home and the act of US; Intel has been received $ 2.2 billion money grantedAccording to the fourth income calls four times. This company can also cricket victory when popularity of Graphic card Graphic Arc B580, selling after Reviews earlySee rankings-.
