IT News - Technology
2021 Apr 4
Intel Launches Foundry Biz With $10B Fab Spend, Teams Up With IBM
HP News, March 24th, 2021

"The announcement had three thrusts: getting 7nm back on track with EUV technology, launching Intel Foundry Services with a $20 billion investment in two new fabs, and a new research collaboration with IBM. The company also announced it is reviving the spirit of the Intel Developer Forum event with the launch of Intel On, planned for October in San Francisco.

Out of the gate, Gelsinger said that the company's 7nm process issue had been resolved, thanks in large part to Intel's full embrace of EUV, where the company was previously on the wrong side of the EUV maturity curve'..."
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