Intel Corp. (NASDAQ:INTC) CEO Lip-Bu Tan is reportedly evaluating whether to stop marketing the company's costly 18A chipmaking process to outside customers, a move that could signal a major strategic pivot amid mounting financial losses and fierce competition from Taiwan Semiconductor Manufacturing Company (NYSE:TSM)
What Happened: Tan has grown skeptical of continuing external sales of 18A and its variant 18A-P — advanced manufacturing processes that have cost Intel billions to develop, but have struggled to attract major customers, reported Reuters, citing two people familiar with the matter.
