Intel CEO: There are no plans to spin off the foundry business yet, and financial reports will be released independently starting in 2024Q2

According to news from this site on December 16, Intel CEO Pat Gelsinger said in a recent interview that Intel currently has no plans to spin off its foundry business.

Gelsinger said that Intel will not spin off the foundry business, but starting from the second quarter of next year, it will release separate financial reports.

Source: Intel

Our website translated Gelsinger’s views, he believes: “In Under the current circumstances, the idea of ​​​​internal manufacturers is the right path for us."

Intel hopes to balance its chip development department and wafer foundry business through internal reorganization to better maintain the security of third-party customers. assets and power.

Gelsinger said that most orders for the foundry business currently come from Intel itself, and it is more profitable to keep the structure of the two areas unified.

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