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PC Gamer
PC Gamer
Jacob Fox

'I do not subscribe to the belief that if you build it, they will come' says Intel's new CEO, calling past investments 'unwise and excessive'

Recently appointed Intel CEO Lip-Bu Tan.

Well, nobody thought it was going to be pretty, but Intel's Q2 earnings reports and related forecasts are even uglier than I anticipated. That's primarily because the company is so keen on having demand before investing in production that it admits it might have to ditch its next-gen 14A fabrication node if it can't get a "significant" customer.

That's according to a 10-Q (quarterly report) filing to the SEC. Intel explains: "If we are unable to secure a significant external customer and meet important customer milestones for Intel 14A, we face the prospect that it will not be economical to develop and manufacture Intel 14A and successor leading-edge nodes on a go-forward basis.

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