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Intel will build other companies’ chips in major turnaround effort – Source CNET Computer News

Intel headquarters in Santa Clara, California

Intel headquarters in Santa Clara, California


Stephen Shankland/CNET

After years of struggling to keep up with competitors, Intel will adopt their core strategy by making other companies’ chips for them, new Chief Executive Pat Gelsinger said Tuesday. Intel largely has focused on making its own chips, but that’ll change with the new and independent Intel Foundry Services business unit.

If it works, it’ll mark a major turnaround for a decades-old Silicon Valley powerhouse. For years, technology leadership and the “Intel Inside” marketing campaign kept the chipmaker at the forefront of…

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Source CNET Computer News

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