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Intel Weighs Future of Manufacturing Division as Leadership Transitions

Interim co-CEOs confirm steps toward greater separation of manufacturing operations but leave open the question of a full spin-off.

  • Intel's interim co-CEOs, Michelle Johnston Holthaus and David Zinsner, have hinted at the possibility of spinning off the company's manufacturing division, though no final decision has been made.
  • The manufacturing division is being restructured into a standalone subsidiary with its own operational board and enterprise systems, a move aimed at creating more independence within the company.
  • The potential separation could align Intel with competitors like AMD and NVIDIA, which focus on chip design without running their own manufacturing facilities.
  • Intel's upcoming 18A chipmaking process, set to debut next year, is seen as a critical factor in determining the future integration of its design and manufacturing units.
  • The decision will likely fall to Intel's next CEO, with the company's financial struggles and market competition driving speculation about a major structural shift.
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