Henry V had Agincourt. Gen. Robert E. Lee had Gettysburg. And Intel CEO Pat Gelsinger has Chandler. That would be Chandler, Ariz., outside Phoenix, where Intel is investing nearly $30 billion to build two state-of-the-art semiconductor plants, or fabs, that will be the first to use the company’s newest chipmaking process. It’s here, in Chandler, where Gelsinger’s fate—and likely that of the company he leads—will be decided.
Gelsinger, who was named CEO in 2021, has essentially bet the company on 18A, a new chipmaking process. He hopes it will position Intel as a viable alternative to Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading contract manufacturer of chips.
