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Intel Foundry Services will be responsible for manufacturing the chips in most data centers

Intel Foundry Services will be responsible for manufacturing the chips in most data centers

No one can deny that Intel, despite its nearly 55 years of existence, is one of the most powerful and popular companies in the world of technology. Of course, over time, other names have emerged to rival the Californian brand, but even today it has managed to hold its own, even with a few upsets along the way.

There are several sectors that Pat Gelsinger operates in, and the latest information indicates that Intel Foundry Services will be responsible for manufacturing custom chips for most data centers.

Intel will make chips for most data centers

The latest information about Intel is not very encouraging, as is the company Presented Worst drop in earnings ever in the past semester. More specifically, the brand's financial results report revealed revenues of $14 billion in the last three months of 2022, a figure 32% lower than in the same period in 2021.

But the manufacturer has been trolling these rides long enough to be frustrated that it also has reason to celebrate in certain departments. Intel open Its chip manufacturing sector is growing and Intel's 3nm process has been chosen to produce chips for most data centers.

During the investor meeting, Intel Foundry Services (IFS) revealed that it had won an order from a major company.Datacenter, cloud and edge solutions providerThe new Intel 3 process will then be used. Gelsinger did not disclose the name of this major customer, however it could be brands such as MediaTek, Qualcomm or AMD.

Pat Gelsinger said:very satisfied"Winning as a leading supplier of data center solutions," he adds.Including previous customers like MediaTek, we now have a lifetime value of over $4 billion for IFS".

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However, the North American manufacturer has a problem on hand to solve due to Intent Purchase From the Israeli Semiconductor Tower for $ 5.4 billion. This is because the Chinese Administration for Market Regulation (SAMR) has pushed back the deadline for reviewing the deal, according to Search for alpha.