“这是一定会发生的事情……至于是否会彻底分离？这是未来某一天需要讨论的一个开放问题。”Intel executives stated that Intel is separating the financial and operation aspects of its manufacturing department into an independent subsidiary, and the foundry business has already been separated from Intel's other businesses, with a separate operation committee and business process software system being established.
On December 12, at a Barclays investment bank conference in San Francisco, two Intel executives acknowledged that if the new chip 18A manufacturing technology planned for release next year fails, the company may be forced to sell its chip manufacturing Business.
Acting CEO David Zinsner stated that Intel is separating the financial and Operational aspects of its manufacturing department into an independent subsidiary, with the foundry Business already separated from Intel's other Businesses, and a separate operations committee and Business process Software system is being established. Zinsner said:
"This is something that will definitely happen... As for whether there will be a complete separation? This is an open question that needs to be discussed one day in the future."
After the news was released, Intel's stock rose 3.28% to $20.78 per share yesterday. So far this year, Intel has fallen over 56%.
In the chip Industry, Intel is a very unique company—designing chips as well as manufacturing them. However, due to losing its leading position in manufacturing and missing out on the AI wave led by NVIDIA, Intel's Market Cap has evaporated by over $100 billion.
Wall Street News has detailed that in 2021, Intel's veteran Pat Gelsinger was appointed CEO in a critical situation, formulating an ambitious plan - all in advanced process technologies. Gelsinger is determined to help Intel revitalize its foundry business and regain its position as the leader in the semiconductor industry.
To this end, over four years, Intel invested over a hundred billion dollars, betting the entire company on the 18A process.
However, despite significant technological advancements under Gelsinger's leadership, Intel has struggled with securing subsidies, sales performance, and stock price performance. In the second quarter, Intel announced unexpected losses and poor sales forecasts, and also stated it would cut more than 15% of its workforce.
Analysts believe that the Board of Directors has lost confidence in Gelsinger's plan to reverse Intel's decline, and after Gelsinger's departure, 'product priority' became the company's focus. Furthermore, Intel executives revealed that if the 18A manufacturing technology fails, the company may sell its chip manufacturing business, further proving this point.
