David Zinsner emphasized at the UBS Global Technology Conference that Intel's future as a leading-edge silicon provider is highly contingent on the successful performance of its products division, highlighting a renewed focus on executing its product strategy alongside its foundry operations.
Describing Intel's direction, Zinsner stated, "The board is pretty clear that the core strategy remains intact. We still want to be a world-class foundry, but we also understand that it's important for the number-one customer of foundry to be successful in order for foundry to be successful."
Zinsner voiced that while they aim to develop the foundry side by adding customers for their long-lifetime deal value, there is a significant emphasis on improving their product business execution, indicating a dual-focus strategy for Intel's future.
When questioned about Gelsinger's departure, Zinsner stated, "I wouldn't read into the fact that the board wants to make sure we build out the products business and continue to execute..." showing a calculated separation between leadership changes and product strategy.
Collection
[
|
...
]