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posted by Fnord666 on Wednesday July 29 2020, @03:46AM   Printer-friendly
from the golden-parachutes-are-not-for-enginners dept.


Intel is revamping its technology leadership in a bid to turnaround its manufacturing unit after announcing delays in its 7nm processes.

Last week, Intel said on its second quarter earnings report that its 7nm products would be delayed. Rival AMD is already on 7nm as is TSMC. Since Intel's earnings report and market cap hit, analysts have been speculating that the chip giant may leave manufacturing.

In other words, Intel needed to revamp its technology organization. Under Monday's reorg, Dr. Ann Kelleher will lead technology development. She had led Intel manufacturing. Kelleher will focus on developing 7nm and 5nm processes. Murthy Renduchintala, Intel's chief engineering officer, will depart Aug. 3.

Intel is also separating its Technology, Systems Architecture and Client Group unit into teams focused on technology development, manufacturing and operations, design engineering, architecture, software and graphics and supply chain.

Safe to say Intel will be best positioned to fire 3 executives at the next slippage - I guess that may make the stock rebound faster than firing a single one.

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  • (Score: 0) by Anonymous Coward on Wednesday July 29 2020, @04:51AM (1 child)

    by Anonymous Coward on Wednesday July 29 2020, @04:51AM (#1028001)

    About time Intel snag some key TSMC engineers to help them get its fab operation shits together.

    Too bad, they won't come - not worth dying with covid-19 in America.

  • (Score: 0) by Anonymous Coward on Wednesday July 29 2020, @05:28AM

    by Anonymous Coward on Wednesday July 29 2020, @05:28AM (#1028010)

    With TSMC front and centre of the trade war with the mainland, Trump should chuck a wad of cash at Samsung.

    Open a 5nm plant on US soil to produce Exynos for the US market, which Qualcomm & Apple Silicon currently dominate, with excess capacity toward making CPUs for Intel.