PALO ALTO, California — From the sudden departure of CEO Pat Gelsinger in December to layoffs and ever-changing U.S. tariff policies, Intel has had a tumultuous few months.
But the U.S. chip titan still wants to be the world’s No. 2 foundry company by 2030. That would mean beating out Samsung Electronics, currently the second-largest maker of chips for others, and carving out a market for itself even as Taiwan Semiconductor Manufacturing Co. (TSMC) tightens its grip on the leading position amid rising AI chip demand.
