Friday, December 13, 2024

Intel executives say a manufacturing spinoff is possible

Intel's interim co-CEOs acknowledged the possibility of selling the company's manufacturing operations if its new 18A chipmaking technology fails next year. This comes after the recent ouster of former CEO Pat Gelsinger and a significant drop in the company's value. While Intel is separating its manufacturing division financially, the executives remain uncertain about a complete split.

from Tech-Economic Times https://ift.tt/LjSWlid

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Zetwerk IPO: Size, valuation, timeline and other details we know so far

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