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Intel ejects Foundry as independent subsidiary
(www.theregister.com)
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this post was submitted on 17 Sep 2024
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They hope to incentivise customers to use intel foundries by splitting them off. Intel compete with AMD and nvidia in many segments, so neither of these companies would want to manufacture their products at intel. But turning their foundries into a separate company could maybe change that (probably not). Their foundries also bleed money like crazy, separating them could stabilize share prices for the 'main' intel brand.