Intel: Our Aim Is to Turn out to be Second Largest Foundry by 2030

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When Intel established its Intel Foundry Providers division in early 2021, it was clear that it wanted the contract chipmaking unit to be on par with Samsung and Taiwan Semiconductor Manufacturing Co. when it comes to scale as fabs and manufacturing nodes are getting costlier. The purpose was bold from the beginning, and it seems like the corporate intends to be aggressive, with plans to change into the second-largest foundry by 2030.

Huge Ambitions

“Our ambition is to be the No. 2 foundry on this planet by the tip of the last decade, and [we] count on to generate main foundry margins,” stated Randhir Thakur, the president of Intel Foundry Providers, in an interview with Nikkei Asia

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