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.