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Intel unveils its Intel Foundry business with luminaries present
Intel unveiled its Intel Foundry business today which will count on external customers to its multi-billion-dollar chip manufacturing plants.
Before a crowd of more than 1,000 people, Pat Gelsinger, Intel CEO, said at the press event in San Jose, California, that the contract manufacturing business will propel the company into the forefront of making AI chips for the world. The Intel Foundry initiative aims to redefine technology, resilience, and sustainability, offering a comprehensive solution for chip designers looking to harness the power of AI. The ability for Intel to step in to be a broader supplier–clearly, we have Gina Raimondo participating in the event, reinforcing the criticality of the support from the U.S. government to build the western foundry and more manufacturing capacity on American soil,” Gelsinger told me.
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