Can Intel Be Saved? Inside Some Potential Solutions

The bad news just keeps coming for Intel (Nasdaq: INTC). Last week, the chip vendor reportedly failed tests by Broadcom to manufacture silicon wafers on its behalf. Worse, the process Intel used for the Broadcom wafers was 18A, its most high-end process yet, intended to advance the company’s hopes to spur Intel Foundry Services, its contract manufacturing business.

That business is part of a multipronged strategy dubbed Integrated Device Manufacturing (IDM 2.0) laid out by Pat Gelsinger when he took charge of Intel in 2021. Sadly, each prong—expanded manufacturing facilities and the foundry business in particular—has suffered obstacles and setbacks.

Now CEO Gelsinger is set to meet with the board later this month to outline a plan of action to get the company back on its feet.

Intel CEO Pat Gelsinger. Source: Intel