Oversize #21: When the chips are down, Intel shows even rivals can be allies

In December last year, activist hedge fund Third Point LLC had urged Intel Corp. to explore strategic alternatives, including selling off the chip maker’s many acquisitions and splitting its design and manufacturing operations, to recover from its recent downward spiral—both in terms of market share as well as mindshare. Last week, Intel CEO Pat Gelsinger, on the job a little over a month, laid out his new ambitious plan for reviving the semiconductor giant.

The plan will involve more outsourcing to the company’s chip-manufacturing rivals over the next couple of years as well as boosting Intel’s own production capabilities …


Abhishek Baxi

Abhishek writes on technology trends, gadgets and SMBs, and has over a decade of experience—both as an industry watcher as well as a participant. He quit Microsoft in 2011 to become an independent digital consultant, and to write more, travel randomly, watch a lot of movies and wake up late on weekdays.