Sunday, October 16, 2022

Intel moves to an internal foundry model

Intel is adopting an internal foundry model for external customers and for its own Intel product lines. The effort will be led by Stuart Pann, Senior Vice President of our Corporate Planning Group (CPG). In addition to his responsibility leading CPG, Stu will take on the role of Chief Business Transformation Officer, reporting to Chief Financial Officer Dave Zinsner and joining the executive leadership team. 

Intel CEO Pat Gelsinger writes: "Implementing an internal foundry model means establishing consistent processes, systems and guardrails between our business unit, design and manufacturing teams. This will allow us to identify and address structural inefficiencies that exist in our current model by driving accountability and costs back to decision-makers in real time. It will also put Intel’s product groups on a similar footing as external Intel Foundry Services customers and vice versa."

For example, our business unit and design teams will be able to consider the potential impact on their margins if they want to run an additional product stepping, while the manufacturing team will be able to assess requests based on actual costs and impact on factory output. This will give teams the tools and transparency they need to find the most effective and cost-efficient solutions before implementation in silicon, ultimately helping us maximize factory output, reduce costs and shorten design cycles."

"We will also create a foundry accounting model that encompasses manufacturing, technology development and Intel Foundry Services. This will give us more transparency into our financial execution and will allow us to fully benchmark and drive ourselves to best-in-class foundry performance."

https://www.intel.com/content/www/us/en/newsroom/news/intel-embraces-internal-foundry-model.html

Intel welcomes investment from Brookfield in Arizona fabs

Intel announced a cost-sharing partnership in which the infrastructure affiliate of Brookfield Asset Management, one of the largest global alternative asset managers, will provide Intel with a new, expanded pool of capital for manufacturing build-outs.Intel describes its new Semiconductor Co-Investment Program (SCIP) as a new funding model that will accelerate its IDM 2.0 foundry strategy. The partnership with Brookfield is expected to enhance Intel's...