Intel CEO Pat Gelsinger introduced the formation of Intel Foundry Services, a new business that will service the growing global demand for semiconductors. This standalone unit will have its own p & l, and therefore be fully invested in its customers' success. The new business unit will be led by Randhir Thakur, who will report directly to Gelsinger. Intel Foundry Services will build capacity in both the United States and the European Union to serve a global market.
Intel's new foundry business will be completely dedicated to the success of its customers
Intel Foundry Services will offer leading-edge packaging and process technology
Intel will leverage its world-class IP portfolio