Intel (INTC, Financial) announced that multiple chip fabrication clients plan to use its developing 14A process for trial chips, marking a significant milestone in its bid to revitalize its foundry business and challenge industry leader TSMC (TSM). Newly appointed CEO Lip-Bu Tan emphasized the company's commitment to advancing Intel’s foundry services and encouraged client feedback to enhance internal reforms.
The 14A process will incorporate next-generation high-NA EUV technology and a new power delivery solution. Intel has provided clients with an initial digital design kit to facilitate chip design. Typically, companies produce trial chips to assess a new process's reliability before full production to minimize risks and costs.
Previously, Broadcom (AVGO) and Nvidia (NVDA) tested Intel’s existing 18A process, which is slated for high-volume production this year. Production will start in Oregon and expand to Arizona, representing a crucial step for Intel in closing the gap with TSMC. Under Tan’s leadership, Intel aims to overcome past challenges in the chip manufacturing sector and regain its competitive edge. During a recent conference, Intel's stock briefly rose by 1% but later dipped slightly to $20.50 per share.
