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Intel CEO To Pitch Board on Plans To Shed Assets, Cut Costs
Monday September 2, 2024. 04:01 PM , from Slashdot
Gelsinger and other high-ranking executives at Intel are expected to present the plan at a mid-September board meeting, the same source said. The proposal does not yet include plans to split Intel and sell off its contract manufacturing operation, or foundry, to a buyer such as Taiwan Semiconductor Manufacturing Co., according to the source and another person familiar with the matter. The presentation, including the plans around its manufacturing operations, are not yet finalized and could change ahead of the meeting. Read more of this story at Slashdot.
https://slashdot.org/story/24/09/02/1353217/intel-ceo-to-pitch-board-on-plans-to-shed-assets-cut-cos...
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