Intel's co-CEOs emphasized that they are creating more separation between the company's manufacturing and products businesses. This separation is aimed at improving financial performance.
CFO David Zinsner noted that while a complete separation of the two units is undecided, preliminary moves towards greater independence are already underway, including forming a subsidiary for Intel Foundry.
Michelle Johnston Holthaus, one of the co-CEOs, expressed that fully separating the businesses might not make sense but acknowledged that decisions may change.
The formation of a separate operational board for Intel Foundry indicates strategic steps being taken towards a more distinct operational framework within Intel.
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