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Intel's new CEO explores big shift in chip manufacturing business: Report

UNITED STATES, JUL 2 – Intel CEO Lip-Bu Tan aims to shift focus to 14A process to attract major clients like Apple and Nvidia amid $18.8 billion 2024 losses and intense competition from TSMC.

  • Intel's CEO Lip-Bu Tan, who took charge in March 2025, is exploring a major shift in its chip manufacturing business by potentially stopping external sales of the 18A process.
  • This move follows 2024, Intel's first unprofitable year since 1986, with a net loss of $18.8 billion amid fierce competition from TSMC and challenges in winning foundry customers.
  • The 18A process, developed by Intel with novel transistor and energy delivery methods, faces dwindling appeal to outside customers, though Intel will meet existing orders for Amazon and Microsoft.
  • Industry analysts estimate that halting 18A sales could lead to a write-off of hundreds of millions to billions of dollars, while Tan's strategy increasingly focuses on the next-generation 14A process to regain competitiveness.
  • Tan's leadership aims to rebuild Intel's roadmap, strengthen customer trust, and improve finances, marking a significant strategic inflection amid ongoing board discussions expected as early as this month.
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Intel's new CEO explores big shift in chip manufacturing business

Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive shift from his predecessor's plans.

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Windows Central broke the news in on Tuesday, July 1, 2025.
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