There are recent indications that the company is making progress toward that goal.
It is no secret that Intel has fallen behind TSMC over the past decade in its ability to manufacture cutting-edge chips. Yet it still remains one of the few companies in the world capable of fabricating advanced semiconductors. Under CEO Pat Gelsinger, who took the helm in 2021, Intel has reprioritized chip fabrication and undertaken an ambitious strategy to reclaim its former position as the world’s preeminent chip manufacturer. There are recent indications that the company is making progress toward that goal.