The biggest chipmaker in the US is hoping that generative AI—and US government concern about China’s tech ambitions—will revitalize its business.
Call it a comeback—with consequences not just for Intel but also the US government’s hopes of maintaining a lead in artificial intelligence. The troubled chipmaker’s CEO, Pat Gelsinger, announced today that Intel is relaunching and expanding its foundry business, which manufactures chip designs for other companies. Microsoft CEO Satya Nadella also appeared at the Intel event, where he announced that his company will use Intel’s relaunched foundry to make future chips.
and South Korea’s Samsung. Gelsinger said that the 18A process was the result of two years of intense work that yielded advances that might normally take a decade. He said that Intel’s goal is to become the world’s second placed foundry by 2030. , became the AI industry’s workhorse and has seen its business soar. But Gelsinger argues that with AI still growing fast and millions of AI chips expected to be needed, Intel can become a major player. Generative AI “is transforming everything about computing,” he said at the company event in Santa Clara, California, on Wednesday. “Through our foundry I want to manufacture every AI chip in the industry.
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