Business and FinanceBusiness and Finance
Fri, March 14, 2025
[ Yesterday Afternoon ] - Insider
Travelers Car Insurance Review 2025
[ Yesterday Afternoon ] - BBC
Southampton v Wolves: Did you know?

'Disrupt and Leapfrog': Intel's New CEO Charts a (Risky) Comeback Strategy


Published on 2025-03-14 14:41:17 - PCMag
  Print publication without navigation

  • Intel's new CEO, Lip-Bu Tan, indicates he wants the company to remain in the expensive foundry business, rather than spin it off.

Intel's new CEO, Pat Gelsinger, has embarked on an ambitious strategy to reclaim the company's position in the semiconductor industry, which has been challenged by competitors like AMD, Nvidia, and Samsung. His plan, dubbed "IDM 2.0," involves transforming Intel into a major foundry service provider, not just for its own products but for other companies as well, aiming to disrupt the market and leapfrog competitors. This strategy includes significant investments in new manufacturing facilities in the U.S. and Europe, with a goal to regain process technology leadership by 2025. However, this approach carries substantial risks, including high capital expenditure, potential delays in technology development, and the challenge of convincing other companies to trust Intel with their chip production. Gelsinger's vision also involves expanding into new markets like automotive and AI, but the success of these moves remains uncertain amidst fierce competition and the need for flawless execution.

Read the Full PCMag Article at:
[ https://www.msn.com/en-us/money/companies/disrupt-and-leapfrog-intel-s-new-ceo-charts-a-risky-comeback-strategy/ar-AA1AVNNJ ]