Intel Corp. (INTC) is ordering its 6-nanometer (nm) chips to be manufactured by TSMC (TSM) for next year, according to a report from the Taiwan-based newspaper Commercial Times.The news is considered unprecedented for Intel, a prominent chip manufacturer, now using a third-party manufacturer to create its own product. On July 23, Intel announced that it would see significant delays until 2022 for its latest cutting-edge 7-nm chip. Intel CEO Bob Swan said on a Q2 earnings call that the company has “invested in contingency plans to hedge against further schedule uncertainty” and that it could involve “somebody else’s foundry.”The Commercial …read more
Source:: Yahoo Finance
