Breaking up of Intel: Interim CEO says that's an open question for another

Posted under: Tech Move
Date: 2024-12-18
Intel Breakup: Interim CEO’s Open Question | Justo Global Tech News

Intel faces a pivotal moment as interim CFO Dave Zinsner revealed that splitting its manufacturing and product-development divisions remains a possibility. At a Barclays conference, co-leader Michelle Johnston Holthaus highlighted Intel’s struggles, including layoffs, restructuring, and losing ground to rivals like AMD. While the company invests in AI and data center competitiveness, Johnston Holthaus admitted challenges with products like the Gaudi chip.