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Intel's next CEO needs to decide the fate of its chip fabs
INTCIntel(INTC) Business Insider·2024-12-03 22:54

Advertisement Intel's CEO departure reignited debate on splitting its factories from the company.Intel's fabs are costly, but they're also considered vital for US national security.CHIPS Act funding requires Intel to maintain majority control of its foundry.One central question has been hanging over Intel for months: Should the 56-year-old Silicon Valley legend separate its chip factories, or fabs, from the rest of the company?Intel's departing CEO, Pat Gelsinger, has opposed that strategy. As a longtime c ...