Locator: 48679INTEL.
Breaking, 1:45 p.m. CT: it's being reported by CNBC that Intel will spin off its networking division (think "Oracle") as a stand-alone company. INTC was down about 7% before the announcement; after the announcement, down about 10%.
This suggests to me, Intel will have three divisions:
- Intel hardware: think Apple
- Intel inside: think AMD
- Intel networking: think Oracle.
Let's see what ChatGPT has to say about. This is exactly how best to use a conversational chatbot.
From ChatGPT:
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Original Post
From the linked article;
Intel has cast doubt on the future of its chip-manufacturing operations. It’s more good news for Taiwan Semiconductor Manufacturing, but could be a problem for chipmaking machinery supplier ASML.
Intel has lost out in advanced chip manufacturing for external clients to Taiwan Semi, or TSMC, in recent years. It hoped to win back some market share with the coming launch of its 18A process, which is reportedly being tested by Nvidia and Broadcom.
However, Intel appeared to play down hopes of winning any major external customers: Executives said on the company’s earnings call Thursday that 18A will primarily be used for internal products, at least initially.
“There’ll be more opportunities for us to attract external customers after we do so much improvement in terms of performance and yield on our own products,” Intel CFO David Zinsner told analysts.
But that begs the question: will Intel be able to even manufacture the 14A chip at scale? It almost feels as if we're not hearing the whole story.
