Intel and Samsung might be considering a foundry alliance to counter TSMC
Business new tamfitronics Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. In a nutshell: Intel's fledgling foundry business, Intel Foundry Services (IFS), has struggled to gain significant traction since its launch in 2021. While it's secured customers like Cisco and AWS, bigger clients and chip orders are still out of reach. Now, the company has reportedly reached out to Samsung Electronics to explore forming a strategic foundry alliance. According to a report by the Korean Maeil Business Newspaper, a senior Intel executive recently requested a high-level summit between the company and Samsung. The goal is for Intel CEO Pat Gelsinger to meet directly with Samsung Electronics Chairman Lee Jae-yong to discuss comprehensive cooperation plans merging their foundry...