AMD boss Lisa Su comments on possible Intel merger
The US government is said to have considered a merger between AMD and Intel. Time Magazine spoke to AMD CEO Lisa Su about this.
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Intel is doing badly at the moment. So bad that the US government – currently still under President Joe Biden – is said to have considered possible rescue plans. One of the wilder rumors involved a possible merger of Intel's processor division with AMD. Alternatively, a merger with the US chip designer Marvell, which designs controllers and signal processors, would be possible.
Time magazine asked AMD's CEO Lisa Su about the rumors in a panel interview: "Did the Biden administration encourage you to merge with Intel?" Su responded with a laugh: "I think, um, the answer to that question is no."
She explains that companies benefit from cooperations and that this also strengthens the position of the USA in the global economy. In October, AMD and Intel announced an x86 alliance to strengthen their position against ARM.
Semafor, among others, refers to unnamed sources in government circles for the rumors. According to these sources, the talks to date are said to have been precautionary and not yet concrete. Su's choice of words and laughter at least suggest that she may have been aware of possible merger options. She was explicitly not asked whether the government had even broached the idea. If they had been encouraged, the parties involved would already be several steps ahead.
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Intel stumbles
Intel's board of directors has retired the previous CEO Pat Gelsinger on December 1, 2024. He took up the post in 2021 – the goal: to return Intel to its former economic strength. He focused on the chip manufacturing division Intel Foundry as a competitor to global market leader TSMC, which entailed investments worth billions.
The first wave of Foundry customers is expected to come to Intel with the upcoming 18A production generation. Only then will it become clear whether Gelsinger's realignment will bear fruit.
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