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Intel admits a decade of bad decisions
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Intel admits a decade of bad decisions
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23rd November 2021, 08:31
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Intel admits a decade of bad decisions Gelsinger says these problems don’t go away overnight Intel's new chief executive, [Kicking] Pat Gelsinger, has told CNET that Chipzilla was at a fork in the road [or forked] after squandering its lead because of a half decade of problems modernising its manufacturing. Gelsinger said that after a decade of bad decisions, “this doesn't get fixed overnight”. He said the bottom was behind Intel, which is a good place for bottoms to be and “the slope is starting to feel increasingly strong". More fabs are on the way, too. In an enormous empty patch of dirt at its existing Arizona site, Intel has just begun building fabs 52 and 62 at a total cost of $20 billion, set to make Intel's most advanced chips, starting in 2024. Later this year, it hopes to announce the US location for its third major manufacturing complex, a 1,000-acre site costing about $100 billion. The spending commitment makes this year's $3.5 billion upgrade to its New Mexico fab look cheap. https://fudzilla.com/news/53912-inte...-bad-decisions |
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