Intel's (INTC.O) contract manufacturing business has suffered a setback after tests with chipmaker Broadcom (AVGO.O) failed, three sources familiar with the matter told Reuters, dealing a blow to the company's turnaround efforts.
The tests conducted by Broadcom involved sending silicon wafers – the foot-wide discs on which chips are printed – through Intel's most advanced manufacturing process known as 18A, the sources said. Broadcom received the wafers back from Intel last month. After its engineers and executives studied the results, the company concluded the manufacturing process is not yet viable to move to high-volume production.
https://www.reuters.com/technology/intel-manufacturing-business-suffers-setback-broadcom-tests-disappoint-sources-2024-09-04/
Posted by s1n0d3utscht3k
13 Comments
No shit Sherlock.
Nana shadow boxing the clouds rn
Imagine thinking there would be a single 24 hour period where Intel didn’t find a new a novel way to destroy shareholder value – and tax payer money – thanks to the CHIPS Act.
I opened a position in Intel yesterday 💸😂
https://preview.redd.it/ccoymqoo9smd1.jpeg?width=750&format=pjpg&auto=webp&s=b170c545b7dd7bc6bd74f8e7ba35f1a7cc5e9934
“Intel 18A is powered on, healthy and yielding well, and we remain fully on track to begin high volume manufacturing next year,” an Intel spokesperson said in a statement. “There is a great deal of interest in Intel 18A across the industry but, as a matter of policy, we do not comment on specific customer conversations.”
A Broadcom spokesperson said the company is “evaluating the product and service offerings of Intel Foundry and have not concluded that evaluation.”
This is actually really good news.
Did sb say Intel is too big to fail?
Every failure is a lesson. SpaceX didn’t get where they are without blowing up their product.
Bullish!
My puts just keep getting putier.
For their advanced cpus Intel can’t or doesn’t even trust itself to do so they have TSM do it.
Saw this coming over half a decade ago.
https://old.reddit.com/r/AMD_Stock/comments/9v1n6f/amazon_web_services_aws_pricing_amd_vs_intel/e994dka/
The problems actually are much much worse now
https://old.reddit.com/r/wallstreetbets/comments/1f7wgb3/intels_intc_dow_jones_dji_status_under_threat_as/llc38mz/
I keep trying to warn people not to touch or bag hold INTC but I swear ever other week for the last 10 years I see something stupid like INTC is a value, dividend play (before they stopped that)
Nana please, I swear the price will get up sometime in the future! 