Call it a comeback—with consequences not just for Intel but also the US government’s hopes of maintaining a lead in artificial intelligence. The troubled chipmaker’s CEO Pat Gelsinger announced today that Intel is relaunching and expanding its foundry business, which manufactures chip designs for other companies.
Microsoft’s CEO Satya Nadella also appeared at the Intel event where he announced that his company will use Intel’s relaunched foundry to make future chips. That’s a major coup for the chipmaker as it seeks to become relevant again and compete with the world’s leading foundry, Taiwan’s TSMC, which makes chips for customers including Apple and Google.
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