Intel CEO Pat Gelsinger seeks to make the company a player in chip production through transformational acquisition, but there is a lack of acquisition targets for Intel.<\/p>\n\n\n\n
With the $30 billion acquisition of chipmaker GlobalFoundries unlikely to happen anytime soon after chief executive Tom Caulfield rejected talks over an Intel deal, Intel will have fewer options to meet its target.<\/p>\n\n\n\n
Two of the next largest players in this field, China’s Semiconductor Manufacturing International Corp and Taiwan’s United Microelectronics Corp, are excluded for political reasons.<\/p>\n\n\n\n
According to Dan Hutchenson, CEO of VLSI Research, if Intel cannot buy a foundry, its other option is to go to smaller chip companies that still own some of its factories.<\/p>\n\n\n\n
Intel has always aimed to produce the world’s fastest computing chips, and focusing on them meant that Intel quickly discarded older chip technology.<\/p>\n\n\n\n
Intel’s rivals are taking a different approach to chipmaking, keeping older technology.<\/p>\n\n\n\n
Intel’s ability to build foundries for outside customers to regain competitiveness in advanced chips could be difficult given the ongoing global chip shortage.<\/p>\n\n\n