Intel'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.
Gelsinger said that the 18A process was the result of two years of intense work that yielded advances that might normally take a decade. He said that Intel's goal is to become the world's second-placed foundry by 2030.
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