New Intel CEO Tan Considers Shift From 18A Manufacturing Method, Report Says
The process faced development delays and failed to provide advantages over competitors like Taiwan Semiconductor Manufacturing Co.
The shift could lead Intel to write down hundreds of millions or billions of development costs as losses, per Reuters.Intel's (INTC) new CEO Lip-Bu Tan is considering a shift away from marketing its 18A chip-manufacturing process, potentially focusing more on an in-development process known as 14A, according to Reuters.
The shift in Intel's foundry business would be an expensive one, likely leading to writing off hundreds of millions or even billions of dollars worth of chipmaking technology as a loss, Reuters reported late Tuesday.
A focus on the next-generation 14A process would be part of an effort to win major customers like Nvidia (NVDA) and Apple (AAPL), as Intel works to catch other chipmakers like Taiwan Semiconductor Manufacturing Co. (TSM), who have beat Intel to the manufacturing of smartphone and AI-focused chips, per Reuters.
Intel did not immediately respond to Investopedia's request for comment.
Multiple sources told Reuters that the 14A process could give Intel advantages over TSMC's processes, which 18A was supposed to do before it faced delays and was eventually found to be roughly similar quality as TSMC's N2 method.
Intel's board will likely discuss the future of the 18A process at its coming meetings this month and again in the fall, Reuters reported.
In addition to weighing its chipmaking options, Intel is bolstering its partnerships. On Monday, the company announced a deal to provide Finnish tech giant Nokia with processors in its newest products.
Intel shares, down 1% in premarket trading, entered the day up about 13% since the start of the year, but are still down more than 25% over the last 12 months.
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