Intel right now has introduced that the corporate will probably be holding an occasion on March 23rd to debate the way forward for engineering on the firm. Dubbed “Intel Unleashed: Engineering the Future”, the hour-long webcast will probably be hosted by just lately employed CEO (and Intel returnee) Pat Gelsinger.
Join Intel CEO Pat Gelsinger for a enterprise replace and webcast tackle on the brand new period of innovation and expertise management at Intel.
While Intel’s official description is brief and at a excessive stage, given the subject material and the truth that the presentation is scheduled for after the inventory markets shut, we’re anticipating that this will probably be Intel’s much-awaited announcement on the way forward for the corporate’s manufacturing plans. For the final a number of months the corporate has been juggling the query of when and the place to make use of third-party foundries versus investing in their very own manufacturing applied sciences. Intel’s 7nm issues have change into a black eye for the corporate, and the prolific processor producer has been underneath stress from some buyers to chop again on costly R&D and simply use pure-play foundries like TSMC.
Prior to Intel hiring Gelsinger to be their new CEO in mid-January, the corporate had been getting ready to element its future foundry plans in its January 21st earnings name. However after bringing Gelsinger on board, that announcement was placed on maintain to offer Gelsinger a time to stand up to hurry, and probably make his personal mark if he determined to take the corporate in a special path than then-CEO BoB Swan was getting ready to go.
If this does transform an in depth disclosure of Intel’s foundry plans, then it’s not an exaggeration to say that this webcast will probably be probably the most important Intel shows in years. Gelsinger and the remainder of Intel’s higher administration have some very troublesome selections to make about manufacturing, and it doesn’t matter what path they choose to tackle Tuesday, it’s going to have important ramifications for not solely Intel, however the remainder of the silicon foundry trade as an entire. So tech fanatics and buyers alike are going to be paying shut consideration to this announcement.
