The company’s next-gen manufacturing process, 18A, has reportedly failed crucial tests conducted by Broadcom, indicating it isn’t ready for high-volume production.
Despite the disappointing test outcomes, Intel remains optimistic, stating, 'Intel 18A is powered on, healthy and yielding well.' Their goal is to begin high-volume manufacturing next year.
Intel’s recent challenges have resulted in significant financial losses, including a $1.6 billion setback in Q2 2024, leading to layoffs of over 15,000 employees.
CEO Pat Gelsinger is expected to propose further cost-cutting measures, which may include delays in new manufacturing facilities and potential asset sales.
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