Intel’s new CEO, Lip-Bu Tan, concluded his first earnings call, signaling a strong commitment to the company’s transformation. This transformation includes a strategic blend of internal manufacturing and external partnerships, notably with TSMC. Intel’s upcoming Nova Lake CPU will leverage both Intel’s own fabs and TSMC’s manufacturing capabilities, optimizing production yields. While Nova Lake will see a higher internal production ratio than its predecessor, Panther Lake, Intel aims for a 70% internal production rate for Panther Lake using its 18A process. This demonstrates Intel’s commitment to maximizing its own foundry capacity.
To further bolster its foundry business, Intel is forging alliances with several key Taiwanese companies. Faraday, M31, and eMemory are now partners, providing design services and intellectual property. This collaborative approach extends to UMC, with whom Intel is jointly developing a 12nm FinFET process. Pilot production validation is underway, targeting PDK completion in 2026 and mass production in 2027. UMC’s expertise in mature node manufacturing will support joint production at Intel’s Arizona Ocotillo campus.
Finally, CEO Tan has prioritized accelerating the development of the 18A process and the launch of Panther Lake by the end of the year. This strategic approach, balancing internal investment with key partnerships, positions Intel for significant growth in its foundry business.
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