Intel is currently navigating significant challenges, reporting losses and facing investor scrutiny. CEO Pat Gelsinger emphasizes the necessity for efficiency and urgency in the company's strategies.
Gelsinger describes the ongoing efforts at Intel as the most consequential restructuring since its transition from memory to microprocessors, focusing on reestablishing its leadership.
The company is transitioning into phase two of its turnaround strategy, prioritizing efficiency while balancing the need for process and product innovation.
Intel is engaging with about a dozen external foundry customers, indicating renewed interest in its manufacturing capabilities, particularly regarding the 18A process.
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