you can’t be a little player

Intel CEO Pat Gelsinger may be locked and loaded on bulking up the chip powerhouse as it seeks to dethrone rivals Taiwan Semiconductor Manufacturing and Samsung in the business of making semiconductors for other tech giants.

“It’s a big, expensive industry to play in. The R&D demands are extraordinary, the capital demands are extraordinary for it. So you can’t be a little player,” Gelsinger said on his appetite for M&A in the foundry business on Yahoo Finance Live

Intel (INTC) committed…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *