Intel CEO Shifts Strategy on Advanced Chip Manufacturing Technology

Intel’s Chief Executive Officer Lip-Bu Tan is shifting direction on the company’s advanced 18A chip manufacturing process, potentially opening it up to external customers, according to Chief Financial Officer David Zinsner.

During a technology conference held Wednesday in San Francisco, Zinsner revealed that Tan is now viewing the 18A manufacturing capability as a service that could be provided to outside clients. This marks a significant change from the previous year’s strategy, when the company primarily designated the technology for its own internal operations.

The announcement signals a potential strategic pivot for the semiconductor giant as it considers new revenue streams from its manufacturing capabilities.