Work in this direction is underway, as the financial director of the first company explains.
Already at the close of the Jefferies technology conference, in which the company’s CFO Colette Kress took part remotely, the presenter dared to ask her how serious NVIDIA’s intentions are to order the production of its chips from Intel, which is going to offer contract services. Recall that the head and founder of NVIDIA first mentioned this last month.
Image Source: NVIDIA
According to the CFO of this developer of graphics solutions, Intel is quite interesting from the point of view of contract manufacturing for many companies, not just NVIDIA itself. According to Colette Kress, the use of Intel services is interesting for NVIDIA in terms of ensuring the reliability of supply by increasing the number of contract manufacturers. With TSMC and Samsung, NVIDIA has a long and strong relationship, as the representative of the latter recalled. In addition, if products ordered by Intel are made in the United States, this will enhance NVIDIA’s geographic risk diversification.
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“Work in this direction (with Intel) continues … We know that this can be done,” Colette Kress summed up, adding that NVIDIA’s partnerships with contract chip manufacturers have been going on for 30 years, and the appearance of Intel among them is quite likely.