Geisinger first reiterated his view that it is his “dream job” to run the company where he has worked for decades, and Intel’s “best day has arrived.” Gelsinger worked for the company for 30 years and later became the head of software manufacturer VMware.
He recalled the culture of Intel led by founders Gordon Moore, Bob Noyce, and Andy Grove, and said that the company’s culture was rejuvenating, he said to Staff: “The old Intel is the new Intel.”
While continuing to discuss the business, Kissinger declared: “Today, we are releasing the iconic Intel innovation engine.” He outlined four goals:
- Become a leader in every category we compete.
- Strictly implement our commitments.
- Bold innovation.
- Cultivate a vibrant culture.
Gelsinger provided the latest information on the company’s 7-nanometer production, which has been delayed in recent years. Kissinger said that Intel has restricted the use of “EUV” technology in the past, that is, extreme ultraviolet lithography to produce the best chip functions.
He said this puts the company “on the wrong side of the EUV maturity curve.” He said that Intel has corrected this problem and has “established a very strong partnership with ASML” with suppliers that produce EUV.
Gelsinger said: “I am very happy to share with you that we have now fully accepted EUV.” “We have redesigned and simplified the 7-nanometer process, which has increased the use of EUV by more than 100%.”
Gelsinger turned to talk about the company’s upcoming GPU chip Ponte Vecchio, which he called an AI supercomputer. Geisinger said that the main activity is “the next major development of the Intel IDM model, IDM 2.0.”
Secondly, Intel will also use foundries other than Intel. Geisinger said: “We are strengthening cooperation with TSM, Samsung, and global foundries and UMC.”
Third, Kissinger said that Intel will become a “world-class foundry company”. This is an opportunity. He said that by 2025, the annual opportunity will reach 100 billion US dollars. “Intel Foundry Services” will be the new business unit reported to Kissinger.
He said that Intel is also bidding for contracts with the US Department of Defense and will build a secure facility to manufacture parts that affect national security.
Geisinger said: “We are honored to be able to immediately compete for the U.S. Department of Defense contract to develop a domestic commercial foundry that can meet the security needs of the U.S. government.”
Intel said the company has received support from many companies including Amazon and Google. Kissinger introduced the CEO of Microsoft, Satya Nadella, who appeared in the video feed. Nadella said that with “a radical change in computing architecture,” the two companies are entering “a whole new era.”
Intel’s new CEO, Pat Gelsinger, did not waste any time improving the company’s engineering capabilities. At today’s press conference, he announced the company’s “IDM 2.0” strategy, which kicked off with an investment of US$20 billion in two manufacturing plants in Arizona.
In manufacturing its own hardware and partners’ chips, this will give Intel a stronger force in the chip manufacturing industry. Besides, Kissinger revealed that the company’s first 7nm chip, the long-delayed Meteor Lake, will complete the design in the second quarter of this year. However, we won’t see the CPU’s time to market until 2023, a year later than the company’s previous proposal.
To become more manufacturing giants, the company will launch a new department called Intel Foundry Services. Kissinger mentioned that Intel is currently working with partners, including Amazon, Cisco, IBM, and Microsoft. But in a question and answer session with the media, he took this step further, saying he was even pursuing Apple’s business.
Naturally, people are skeptical of Intel’s ambitious ambitions. When asked how Intel plans to balance its commitments to partners, despite difficulties in fulfilling its own production commitments, Kissinger pointed out that IFS will operate as its own business unit, and that Intel aims to fulfill its commitment to partners. committed to.