Intel IDM 2.0 strategy unveiled: $20 billion investment for two new fabs, next-gen Meteor Lake 7nm chips, collaborations with IBM and more

It is no secret that Intel has been struggling in the Chip manufacturing industry lately. With the hope of returning to the dominant position it once enjoyed before, Intel’s newest CEO, Pat Gelsinger has unveiled their vision and roadmap for the company over the next couple of years, including two new fabs, next generation 7nm chipset production, collaborations with IBM and more.

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