How Intel CEO Pat Gelsinger could not get 56-year old chipmaker’s comeback plan right – Times of India

Intel CEO Pat Gelsinger‘s ambitious three-year effort to restore the 56-year-old American chipmaker to its former glory has faltered amid strategic blunders, manufacturing setbacks, and deepening financial losses, forcing the company to lay off 15,000 employees and fundamentally restructure its operations.Under Gelsinger’s watch, Intel’s revenue has plummeted to $54 billion in 2023, nearly one-third below…

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Intel is giving up on one of its biggest plans announced years ago, here’s why it means a major change – Times of India

Intel is cancelling the development of its 20A process node, which was expected to be used for the production of upcoming Arrow Lake processors. Instead it plans to go with external manufacturers to produce the chips externally. Intel will now rely on outside foundries, likely TSMC, to produce all Arrow Lake components while Intel will…

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