Intel CEO: We’re talking to 100 possible potentialities for manufacturing services and products


The overall durations from Turn into 2021 will be found on-quiz now. Look now.

Intel CEO Pat Gelsinger said the corporate is talking to 100 possible potentialities for its Intel Foundry Providers and products (IFS), where the corporate makes employ of its factories to carry out chips for others.

He said the corporate would possibly perchance well hang extra to speak about IFS potentialities on Monday. Gelsinger joined as CEO earlier this yr and pledged to safe Intel to salvage its management in manufacturing. On high of that, he said Intel would spend money on its foundry enterprise, where it serves as a contract manufacturer for firms that create their very hang chips.

Intel is rumored to be talking to GlobalFoundries about acquiring the foundry company for $30 billion. Gelsinger declined to observation on that.

“At this speak we would no longer speak that M&A is serious, however nor would we rule it out,” he said.


Three high investment mavens commence up about what it takes to safe your on-line sport funded.

Look On Seek recordsdata from

Above: Pat Gelsinger is CEO of Intel.

Image Credit score: Intel

Gelsinger made the feedback as allotment of the corporate’s second quarter earnings name with analysts. Intel reported Q2 earnings and revenues above expectations, and it raised its estimates for 2021 revenues and earnings. Honest correct about all chip firms are growing now to meet that quiz, and Intel lately said it would spend $20 billion on unique manufacturing in Arizona.

Gelsinger said it was once the most spellbinding time to be in the semiconductor alternate, as quiz is at file ranges. He said Intel has shipped extra than 50 million Tiger Lake processors, and it’s ramping its Ice Lake chips and is ending the create of its Meteor Lake chips.

“While there would possibly perchance be extra work forward, we are transferring at a torrid proceed,” Gelsinger said.

On Monday, he said Intel will focus on its plans to salvage management in processor create from rival Evolved Micro Units. Intel expects capital spending to be $19 billion to $20 billion this yr. It is exiting its Apple and home gateway enterprise. Intel, in the period in-between, wants extra manufacturing skill for its hang chips.

“The realm wants extra semiconductors,” Gelsinger said. “The realm wants a extra balanced semiconductor present chain.”


GamesBeat’s creed when overlaying the sport alternate is “where passion meets enterprise.” What does this mean? We desire to expose you the device in which the guidelines matters to you — no longer honest as a resolution-maker at a sport studio, however also as a fan of games. Whether or no longer you be taught our articles, be all ears to our podcasts, or peek our videos, GamesBeat will enable you be taught regarding the alternate and skills participating with it.

How will you assemble that? Membership involves safe correct of entry to to:

  • Newsletters, akin to DeanBeat
  • The gorgeous, tutorial, and relaxing speakers at our events
  • Networking opportunities
  • Particular participants-entirely interviews, chats, and “commence place of work” events with GamesBeat group
  • Chatting with community participants, GamesBeat group, and other company in our Discord
  • And even in all probability a relaxing prize or two
  • Introductions to like-minded parties

Turn into a member