Intel's New CEO Shows Some Swagger as He Launches Major New Business: Building Chips for Other Customers

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By Megansoto in Business
Updated 3 years ago

In his first extended remarks since becoming CEO, Pat Gelsinger offered an underlying message: Intel, the American chipmaking giant, is getting its swagger back. Intel said it would double down on manufacturing, and invest $20 billion in two new chip factories in Arizona. "Intel is back. The old Intel is...