Since Intel’s founding in 1968, it has been an integrated device manufacturer, or IDM. That’s a company that both designs and builds its own semiconductor chips.
In March, CEO Pat Gelsinger introduced “IDM 2.0,” a major evolution of that strategy. Intel’s new IDM model includes significant manufacturing expansions, plans for Intel to become a major provider of foundry capacity in the U.S. and Europe to serve customers globally, and expansion of Intel’s use of external foundries for some of its products.
More: Engineering the Future (Press Kit)