An Intel engineer holds a test glass core substrate panel at Intel's Assembly and Test Technology Development factories in Chandler, Arizona.

Why Intel CEO is betting so much on chip manufacturing | Pat Gelsinger interview

Intel CEO Pat Gelsinger today launched Intel Foundry as a sustainable systems foundry business designed for the AI era.

The word “foundry” means that Intel will make chips designed by other companies, and it is spending billions of dollars upgrading its manufacturing capacity and designing its manufacturing nodes to keep up with the needs of external chip designers. Gelsinger believes that this huge investment is necessary to take the AI boom to its next level.

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