Intel’s Turnaround and US Chipmaking Get a Boost With MediaTek Deal – By Stephen Shankland (CNET) / July 25, 2022
What’s happening: Intel’s nascent effort to build chips for other companies, called Intel Foundry Services, won over a major customer, Taiwan-based MediaTek.
Why it matters: By helping Intel’s efforts to reclaim its chipmaking leadership and expand processor manufacturing in the US, MediaTek’s business could make Intel and the country more competitive.
Intel has signed up Taiwanese smartphone chip designer MediaTek as a major ally in its effort to reclaim its chipmaking leadership and ultimately restore the United States’ processor manufacturing prowess.
The partnership, revealed Monday, is important for the establishment of Intel Foundry Services, an effort to dramatically expand and transform Intel’s chipmaking business by making chips for other companies. Intel lost its lead with years of manufacturing problems that stalled it during the ascent of two Asian foundries, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung.
“MediaTek has been a close partner with TSMC, so it is a pretty big deal,” Tirias Research analyst Kevin Krewell said of Intel’s MediaTek partnership.
CONTINUE > https://www.cnet.com/tech/computing/intel-turnaround-and-us-chipmaking-boosted-by-mediatek-deal/
