And overtake the competition by 2025.
Published by Intel quarterly report accompanied by additional information for investors, and the company decided to highlight its willingness to master five new technological processes in four years: Intel 7, Intel 4, Intel 3, Intel 20A and Intel 18A. According to CEO Patrick Gelsinger, several large customers are already interested in the possibility of contracting their products using 18A technology. Qualcomm has already ordered Intel to manufacture 20A components.
Image source: Intel
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Moreover, by 2024, Intel is going to catch up with competitors in the field of lithography, and by 2025, demonstrate a confident leadership. At the same time, capital expenditures will have to be increased, so Intel ended the quarterly report with a long-term forecast urging investors to come to terms with the decline in profit margins for the next three years. By the end of this year, Intel will decide on the site for the construction of a new plant in Europe, and the company’s Irish enterprise will begin to supply customers with 16nm products as early as the next half of the year.