Intel’s $20 Billion Vision For A Manufacturing Comeback Will Take Years To Execute

New CEO Pat Gelsinger assures us that “Intel is back,” but fixing the company’s manufacturing woes won’t happen overnight. In only his sixth week on the job, Gelsinger laid out a broad plan to build new chip factories, expand outsourcing, keep next-generation technology on schedule, and seek help with future generations. All are good ideas during an industry-wide chip shortage, but that shortage will abate before any of these initiatives kick in.
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