Intel Announces Strategic Reorganization and Partnerships to Accelerate AI Chip Production

CEO Pat Gelsinger's ambitious plans include a company split, collaboration with Arm, and a significant partnership with Microsoft, aiming to challenge industry leaders in the AI chip market.

Intel CEO Pat Gelsinger announces a strategic reorganization, splitting the company into Intel Foundry and Intel Product to boost AI chip production.
The company forms a partnership with Arm to work closely with startups developing Arm-based system-on-chip processors, offering manufacturing support and financial assistance.
Microsoft becomes a major new customer, planning to build a chip using Intel's upcoming 18A manufacturing process, which aims to produce the world's fastest chips.
Intel's rebranding as an 'AI-era system foundry' reflects its commitment to becoming a leading chip manufacturer for the AI market, with ambitions to rival TSMC by 2030.
The CHIPS Act is expected to provide significant financial support to Intel, aiding in the U.S. supply chain's enhancement and addressing the talent shortage in the chipmaking industry.