创业邦 . 创业邦，国际创新生态服务平台。我们致力于打造全球化的创业生态，深度服务创新经济及其推动者，并为创业者提供一站式解决方案。 来源 | 创业邦 近日，软银投资20亿美金（约人民币140亿元），"救火"仍然深陷危机的英特尔。 软银的孙正义和英特尔的陈立武是数十年合作伙伴，陈立武曾在软银董事会担任独立董事多年，直至2022 年离开。 此次投资被视为软银对英特尔未来发展投出的"信任票"，完成投资后，软银将成为英特尔的第五大股东，持股比例大约2%。 通过这次投资，软银旗下公司Arm所自研的AI芯片，更有可能找英特尔来代工，英特尔则获得了一个梦寐以求的大客户。 以下文章来源于创业邦 ，作者薛皓皓 对于本次投资，Forrester首席分析师戴鲲认为，孙正义的这笔投资兼顾了财务回报和业务协同的目的。"在财务回报上，英特尔的股价处于低 位，存在估值修复空间；在业务上，英特尔的先进制程能力与软银旗下的Arm形成互补，这种协同对AI时代的竞争极为关键。" 目前，英特尔正在推进14A（1.4nm）先进工艺的研发，以追赶上台积电的最先进水平。另一方面，Arm正从芯片IP供应商向芯片设计商转变， 以推动云端AI芯片研发。业内人 ...

Core Viewpoint - SoftBank's $2 billion investment in Intel is seen as a vote of confidence in the company's future, as it struggles with significant losses and competition in the semiconductor industry [3][4][6]. Group 1: Investment and Strategic Moves - SoftBank's investment will make it Intel's fifth-largest shareholder, holding approximately 2% of the company [3]. - The investment is expected to facilitate collaboration between SoftBank's Arm and Intel, potentially allowing Arm to use Intel for manufacturing its AI chips [4][8]. - Intel's stock price saw a 12% increase on the day of the investment announcement, reflecting market optimism [6]. Group 2: Intel's Challenges and Leadership Changes - Intel has faced significant challenges, including a net loss of $3.7 billion in the first half of 2025, an 88% increase in losses year-over-year [4]. - The previous CEO, Pat Gelsinger, was forced to resign due to the company's struggles [4]. - New CEO Chen Lifeng has initiated a restructuring plan, aiming to reduce the workforce by approximately 15%, equating to about 21,000 employees [16]. Group 3: Strategic Initiatives by Chen Lifeng - Chen Lifeng's three main strategies include organizational streamlining, reshaping manufacturing, and upgrading AI capabilities [4][17]. - Intel is focusing on advancing its 14A (1.4nm) process technology to catch up with TSMC's leading position in semiconductor manufacturing [8][19]. - The company has decided to halt external sales of its 18A (1.8nm) process technology, focusing instead on internal use due to low customer penetration and yield rates [21]. Group 4: Broader Industry Context - The semiconductor industry is increasingly dominated by Asian leaders, with many top executives being of Chinese descent [25][27]. - Notable figures include NVIDIA's Jensen Huang and AMD's Lisa Su, both of whom have significantly increased their companies' market valuations [25][27]. - The trend of Chinese leaders in the semiconductor sector is attributed to a combination of historical circumstances and educational backgrounds in top engineering programs [27][29].

Core Viewpoint - Intel plans to reduce its global workforce from 99,500 to approximately 75,000 by the end of this year, representing a 22% decrease from the projected 2024 figure, while also expecting a larger-than-anticipated loss in Q3 despite higher sales forecasts [1][10]. Workforce Reduction - The company has already laid off about 15% of its workforce as of June 30, with further reductions planned through natural attrition and other means [1][31]. - The restructuring includes a 50% reduction in management layers and an estimated $1.9 billion in restructuring costs [1][4]. Production Strategy - Intel is focusing on ramping up its 18A process technology for production, with a cautious approach to investments in the next-generation 14A process [2][37]. - The company has indicated that if it cannot secure significant external customers for the 14A chips, it may exit the chip manufacturing business [3][38]. Strategic Priorities - The new CEO has outlined three main priorities: 1. Transforming the foundry business to be more financially disciplined, correcting past over-investments and fragmentation [4][33]. 2. Revitalizing the x86 ecosystem by focusing on core client and server markets, including the introduction of new chips like Panther Lake and Granite Rapids [5][39]. 3. Enhancing the AI strategy to encompass a broader stack that includes software and systems, particularly focusing on emerging AI workloads [5][23]. Financial Outlook - Intel expects a Q3 loss of $0.24 per share, exceeding the anticipated loss of $0.18, while projecting revenues between $12.6 billion and $13.6 billion, with a midpoint of $13.1 billion, above analyst expectations [10][11]. Market Context - Despite the significant restructuring, Intel's stock has risen 14% this year, reflecting investor optimism regarding the new leadership's ability to restore competitiveness in the AI-dominated market [6][7].

来源：内容来自半导体芯闻综合 ，谢谢。 如果您希望可以时常见面，欢迎标星收藏哦~ 点这里加关注，锁定更多原创内容 *免责声明：文章内容系作者个人观点，半导体芯闻转载仅为了传达一种不同的观点，不代表半导体芯闻对该 观点赞同或支持，如果有任何异议，欢迎联系我们。 10万亿，投向半导体 知名分析师郭明錤的最新消息显示，英特尔Panther Lake芯片很有可能无法在2025年内上市，其 采用的Intel 18A工艺目前良品率提升缓慢。 英特尔此前已经公布了关于下一代Panther Lake的多项进展，预计该款芯片将大部分采用英特尔自 家制程工艺，目前样品运行表现良好，预计将会在今年下半年正式发布。不过事情似乎并不像英特 尔描述的那样顺利。据知名分析师郭明錤的最新消息显示，该系列芯片很有可能无法在2025年内 上市。 此前消息显示，Panther Lake传闻已经经历了一次延迟，现在已经推迟到第四季度中期。但根据郭 明錤的最新消息显示，Panther Lake产品不会在2026年之前上市。他表示："鉴于芯片和成品 （PC/NB）出货之间通常会有2-4周的时间差，PTL笔记本可能要到2026年才能普及，这意味着英 特尔 ...