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International Business Times
International Business Times
Business
Kiran Tom Sajan

Intel Considers Splitting Product-Design, Manufacturing Divisions: Report

A major move like the separation or sale of Intel’s foundry division would represent a significant shift for CEO Pat Gelsinger (Credit: AFP)

Intel Corp is reportedly considering various strategic options, including splitting its product-design and manufacturing divisions, to cut losses as it navigates one of the most challenging periods in its 56-year history.

The deliberations, which remain confidential, include the possibility of scaling back certain factory projects and even a potential merger or acquisition, according to sources who spoke to Bloomberg.

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